Corn futures hovered around $4.30 per bushel, struggling to extend a late-January rebound as mounting South American supply risks clash with a massive global surplus. In Brazil, the pivotal 'Safrinha' second-crop planting has reached 50% of the Center-South area, well behind last year’s 64% pace, as erratic rainfall threatens the yield of a crop securing 75% of national output. While Argentina’s crop ratings improved to 51%, production forecasts remain tempered at 57 million metric tons due to heat stress and 'leafhopper' infestations in late-planted fields. Support from a resilient US ethanol sector, steady at 1.1 million barrels per day, provides a structural floor; however, a 'wall of corn' in US silos keeps the ceiling firm, with ending stocks at a six-year high of 2.3 billion bushels. This bearish weight is magnified by the new 15% global tariff, which has bolstered the US Dollar and handed a decisive pricing advantage to Ukrainian and Brazilian exporters.
Corn rose to 447.01 USd/BU on March 6, 2026, up 1.25% from the previous day. Over the past month, Corn's price has risen 4.26%, but it is still 1.81% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Corn reached an all time high of 843.75 in August of 2012. Corn - data, forecasts, historical chart - was last updated on March 6 of 2026.
Corn rose to 447.01 USd/BU on March 6, 2026, up 1.25% from the previous day. Over the past month, Corn's price has risen 4.26%, but it is still 1.81% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Corn is expected to trade at 434.34 USd/BU by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 409.91 in 12 months time.