Corn futures climbed back above $4.50 per bushel, recovering from a two-month low of $4.39 on May 8th, as demand-side resilience and emerging supply risks outweighed the bearish pressure from abundant acreage and record yield forecasts. While the USDA’s May 12th WASDE report raised planted acreage to 95.3 million and projected a bumper crop of 15.82 billion bushels on yields of 181 bu/acre—pushing new-crop ending stocks toward 1.8 billion bushels—demand strengthened notably in mid-May. Weekly export sales and shipments surged by over 30%, as buyers rushed to secure supplies ahead of potential US tariffs set to take effect on July 1st. Meanwhile, South American competitors continue to grapple with logistical hurdles, and Argentina’s crop outlook remains uncertain, curbing global availability. Adding to the bullish undertone, the market enters the seasonal window for crop-weather volatility, with planting advancing rapidly—62% completed by May 12th—leaving room for further upside risk.
Corn increased 0.12 USd/BU or 0.03% since the beginning of 2025, 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 22 of 2025.
Corn increased 0.12 USd/BU or 0.03% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Corn is expected to trade at 435.85 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 415.02 in 12 months time.