Corn futures jumped more than 3% to near $4.70 per bushel, recovering from a one-week low on May 15, as expectations for crop demand strengthened after long-awaited details emerged on China’s commitment to purchase US agricultural goods. China pledged to buy at least $17 billion annually in US agricultural goods through 2028 after high-level talks in Beijing between President Donald Trump and President Xi Jinping aimed at easing trade tensions. The announcement is seen as supportive for corn futures, as the purchases would add to an existing soybean agreement and could potentially extend into other agricultural commodities. According to US Department of Agriculture data, a return of Chinese corn imports would represent a shift from roughly two years of subdued buying activity. However, farmers remain sensitive to recent spikes in fuel and fertilizer prices linked to ongoing geopolitical tensions in the Middle East, which continue to influence crop production and pricing dynamics.
Corn fell to 475.25 USd/BU on May 19, 2026, down 0.37% from the previous day. Over the past month, Corn's price has risen 5.14%, and is up 4.57% 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 May 19 of 2026.
Corn fell to 475.25 USd/BU on May 19, 2026, down 0.37% from the previous day. Over the past month, Corn's price has risen 5.14%, and is up 4.57% 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 459.26 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 484.46 in 12 months time.