Corn prices on the CBOT rose to a monthly high on strong demand and lower production forecasts
Corn prices on the Chicago Board of Trade rose to their highest level in a month on solid demand and lower-than-expected production forecasts, Bloomberg reports.
Demand for U.S. corn exports remains strong: the U.S. Department of Agriculture reported new net sales of 2.8 million tons for the week ended Aug. 14.
Meanwhile, Pro Farmer analysts estimated U.S. corn yields at 182.7 bushels per acre (≈11.5 t/ha — ed.) following the annual field tour. While this is a record, it is significantly lower than the USDA’s previous estimate of 188.8 bushels (≈11.9 t/ha).
Dry weather and crop diseases also remain risks, which also keep prices high.
Further development of the grain and oilseed markets of Ukraine and the Black Sea region will be in the spotlight of the BLACK SEA GRAIN. KYIV conference, taking place on April 22–23 in Kyiv. The event will focus on strategic directions for the agricultural sector through 2030, including investments, energy independence, processing, and exports of high-value products.
Join strategic discussions and networking with industry leaders to gain актуальна insights, discover new business opportunities, and build partnerships with key market players.
Read also
Turkish Ports Added to UkrAgroConsult LineUp Reports
Sunseed prices in Ukraine have risen amid limited supply and a strengthening dollar
Turkey corn quota: Speed will decide the winners
Global agricultural exports fell by 15% in 2025, with revenues falling by 24%.
Brazil’s soybean production will grow by 3.7% in the 2025/26 season
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon