Corn futures rose above $4.20 per bushel, hitting their highest level in a month after the USDA projected tighter stockpiles and lower acreage. In its quarterly report, the USDA estimated June 1 corn stocks at 5.295 billion bushels, below analysts' expectations, while its annual acreage report pegged planted area at 95.343 million acres, above trade forecasts but down from 2025 and still the fourth largest since 1944. Additionally, markets continued to monitor hot weather across the US Midwest, which is expected to stress corn crops before easing later this week. Meanwhile, the dollar continued to rise as strong US economic data reinforced expectations that the Federal Reserve will raise interest rates this year, making commodities more expensive for foreign buyers. Elsewhere, investors also awaited updates from the ongoing US-Iran peace talks in Qatar amid hopes for a lasting ceasefire agreement.
Corn rose to 425 USd/BU on July 2, 2026, up 0.95% from the previous day. Over the past month, Corn's price has fallen 1.51%, and is down 1.56% 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 July 5 of 2026.
Corn rose to 425 USd/BU on July 2, 2026, up 0.95% from the previous day. Over the past month, Corn's price has fallen 1.51%, and is down 1.56% 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 418.14 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 397.63 in 12 months time.