Corn Prices

03-04-2026 - Over the past month, the price of corn as a raw material has risen from 434.25 cents per bushel to 452.25 cents per bushel. This increase suggests a strengthening market, potentially due to supply constraints or heightened demand. The forecast anticipates corn prices reaching 466.0 cents per bushel, marking a 3.0% rise from the current price of 452.25 cents per bushel. This projection indicates a slight upward trend, though it carries the risk of market fluctuations impacting raw material costs.

The current forecast highlights upward price pressure on raw materials, influenced by technical data with a 4.0 cents per bushel impact, particularly from calendar effects and trend following. However, flows data presents a slight downward pressure, resulting in mixed signals overall.

Despite the forecast's prediction of an upward trend to 466.0 cents per bushel, recent analyses suggest a bearish outlook for the CME corn market in the coming month. For example, the Total Farm Marketing Daily Market Summary from April 2, 2026, points out that large supplies and higher-than-expected acreage projections are limiting upward momentum in corn futures. This indicates that external sources hold a contrary view to the forecast, suggesting that the market may face challenges in sustaining the predicted price increase.