Corn futures traded around $4.6 per bushel, holding firm near its highest since April 2025, supported by elevated energy prices as the Middle East conflict continues to disrupt fuel and fertilizer supply chains. Oil prices remained elevated amid conflicting signals from the US and Iran over potential negotiations, while Iran continues to disrupt traffic through the Strait of Hormuz, a key route for oil and fertilizer exports. Rising diesel and nitrogen fertilizer costs, both critical inputs for corn, are squeezing farmer margins, particularly in the US, while similar pressures are emerging globally. In regions like South Africa, fuel shortages and higher input costs are already threatening planting and harvesting activity, highlighting risks to output. With corn being highly fertilizer-intensive, the ongoing cost shock is reinforcing expectations of tighter supply and keeping prices supported, even as volatility persists.
Corn fell to 466.55 USd/BU on March 27, 2026, down 0.10% from the previous day. Over the past month, Corn's price has risen 7.69%, and is up 2.94% compared to the same time last year, 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 27 of 2026.
Corn fell to 466.55 USd/BU on March 27, 2026, down 0.10% from the previous day. Over the past month, Corn's price has risen 7.69%, and is up 2.94% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Corn is expected to trade at 467.85 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 497.87 in 12 months time.