Corn Price Trend Analysis, Historical Chart and Forecast Provided by Procurement Resource

Corn, commonly referred to as maize, is a cereal grain that is grown extensively and is a member of the grass family. It is distinguished by its tall stalks and big ears, where the eatable kernels are found. In many cultures around the world, maize is a staple food that is prepared in a number of different ways. Depending on the kind, the kernels might be yellow, white, or multicolored. In addition to offering nutritional fiber, vitamins, and minerals, maize is high in carbs.

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The crop is adaptable and may be used to make various goods, including cornmeal, cornflour, corn oil, and corn syrup. In addition to being used as animal feed, maize is used to make biofuels and industrial goods like textiles, textile adhesives, and plastics.

Key Details About the Corn Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Corn price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.

The corn price trend, including India Corn price, USA Corn price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting Corn Price Trend:

Corn Price Trend

A significant component of many food products is maize. It is used to make corn syrup, cornmeal, cornflour and a variety of foods. Additionally, corn is used to create ethanol, a biofuel and a component of alcoholic drinks. In the formulation of animal feed, it plays a significant role. It is an excellent feedstock for livestock, poultry, and aquaculture since it is high in nutrients and energy. Industrial items are produced using maize derivatives like starch and its ingredients, such as dextrose and high-fructose corn syrup. They are employed in the manufacture of bioplastics, paper, textiles, adhesives, and other industrial products. The pharmaceutical and cosmetic industries use substances made from corn, such cornflour. They act as binders in tablets, excipients in drug formulations, and absorbents in skincare and cosmetic goods.

Key Players:

  • DuPont de Nemours Inc
  • The Archer Daniels Midland Company
  • KWS SAAT SE & Co. KGaA
  • Limagrain UK Ltd
  • Cargill Incorporated
  • Bunge Milling Inc

News & Recent Development

  • 15 May 2023: Govt has to ensure increased acreage to meet 20% blending target, says expert – Half of the ethanol production must come from plants using grain to meet the 20 percent blending requirement by 2025. However, expanding the area seems to be the most practical answer, given the current restrictions on the availability of single cross-hybrid varieties. Additionally, only a comprehensive policy on maize might contribute to a medium- to long-term boost in productivity.

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Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.

We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.

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