What is the highest annual corn value in this dataset?

$8.1 ($/bushel) in 2022 annual value. This is the highest annual observation within 1960–2025, rather than a daily market record.

How are inflation-adjusted prices calculated?

Each nominal observation is multiplied by the site’s reference CPI divided by the CPI for that observation’s year. The same inflation calculation is used across commodity charts.

Agriculture & Grains Series coverage: 1960–2025

Corn Historical Price Archive

Annual Corn Price Archive

Cite Data

Corn (Maize) is the largest grain crop grown in the United States by volume and economic value.

Annual Maize benchmark price: World Bank annual nominal observations from the Pink Sheet workbook. Unit conversions and CPI adjustments are calculated by CommoditiesHistory.com. No incomplete 2026 annual value is included. Published dollars per metric ton are converted using a 56-pound bushel.

Corn Interactive Price History (1960–2025)

Inflation-Adjusted (Real 2026 USD)

Drag to pan, scroll to zoom, and hover for annual values.

Loading chart. Annual values are also available in the table below.

Data sources: World Bank Annual Observations

Corn Historical Eras & Macro Cycles

Detailed analysis of secular supercycles, wartime allocations, and price shocks

Corn historical observations

1960–2025

World Bank annual nominal observations from the Pink Sheet workbook. Unit conversions and CPI adjustments are calculated by CommoditiesHistory.com. No incomplete 2026 annual value is included. Published dollars per metric ton are converted using a 56-pound bushel.

Price Behavior Annual observations range from $1.13 to $8.1 ($/bushel).

Key Catalysts

Supply and production
Industrial and consumer demand
International trade

Corn Complete Historical Price Table (1960–2025)

Nominal vs. Real Inflation-Adjusted Prices in 2026 USD

Year	Nominal Price ($/bushel)	Real Price (2026 USD)	CPI / Historical Estimate	Historical Context / Market Event
2025	$5.16	$5.37	321.9	—
2024	$4.84	$5.17	313.7	Record US Corn Crop (15.3 Billion Bushels)
2023	$6.42	$7.06	304.7	—
2022	$8.10	$9.27	292.7	Ukraine War Fertilizer Spikes & Global Feedgrain Scarcity
2021	$6.59	$8.15	271.0	—
2020	$4.20	$5.44	258.8	COVID-19 Ethanol Demand Drop Followed by China Import Surge
2019	$4.32	$5.66	255.7	—
2018	$4.18	$5.57	251.1	—
2017	$3.92	$5.36	245.1	—
2016	$4.04	$5.64	240.0	—
2015	$4.31	$6.10	237.0	—
2014	$4.90	$6.93	236.7	—
2013	$6.59	$9.47	233.0	—
2012	$7.58	$11.06	229.6	All-Time Historic Record Spike ($8.49/bu in August 2012 on Severe Midwest Drought)
2011	$7.41	$11.03	224.9	—
2010	$4.72	$7.25	218.1	—
2009	$4.20	$6.56	214.5	—
2008	$5.67	$8.82	215.3	Ethanol Demand Squeeze (Futures Spike to $7.65/bu)
2007	$4.16	$6.72	207.3	Energy Independence and Security Act (36B Gallons Biofuels)
2006	$3.10	$5.15	201.6	—
2005	$2.51	$4.30	195.3	Energy Policy Act of 2005 Mandates Corn Ethanol
2004	$2.84	$5.04	188.9	—
2003	$2.68	$4.87	184.0	—
2002	$2.52	$4.70	179.9	—
2001	$2.28	$4.30	177.1	—
2000	$2.25	$4.37	172.2	—
1999	$2.29	$4.61	166.6	—
1998	$2.59	$5.32	163.0	—
1997	$2.97	$6.21	160.5	—
1996	$4.21	$8.99	156.9	Record Tight Global Stocks
1995	$3.14	$6.90	152.4	—
1994	$2.73	$6.18	148.2	—
1993	$2.59	$6.01	144.5	—
1992	$2.65	$6.32	140.3	—
1991	$2.73	$6.71	136.2	—
1990	$2.78	$7.12	130.7	—
1989	$2.83	$7.65	124.0	—
1988	$2.72	$7.69	118.3	Great Plains Drought
1987	$1.92	$5.67	113.6	—
1986	$2.23	$6.80	109.6	—
1985	$2.85	$8.87	107.6	—
1984	$3.45	$11.13	103.9	—
1983	$3.45	$11.62	99.6	Payment-in-Kind (PIK) Acreage Reduction Program
1982	$2.78	$9.64	96.5	—
1981	$3.32	$12.24	90.9	—
1980	$3.18	$12.94	82.4	—
1979	$2.93	$13.54	72.6	—
1978	$2.56	$13.14	65.2	—
1977	$2.42	$13.40	60.6	—
1976	$2.86	$16.81	56.9	—
1975	$3.04	$18.92	53.8	—
1974	$3.33	$22.64	49.3	—
1973	$2.48	$18.74	44.4	Soviet Grain Purchases & Fertilizer Cost Spikes
1972	$1.42	$11.36	41.8	—
1971	$1.48	$12.27	40.5	—
1970	$1.48	$12.81	38.8	—
1969	$1.33	$12.13	36.7	—
1968	$1.22	$11.74	34.8	—
1967	$1.37	$13.78	33.4	—
1966	$1.48	$15.31	32.4	—
1965	$1.41	$15.05	31.5	—
1964	$1.39	$14.99	31.0	—
1963	$1.37	$14.96	30.6	—
1962	$1.24	$13.72	30.2	—
1961	$1.14	$12.81	29.9	—
1960	$1.13	$12.79	29.6	—

Frequently Asked Questions: Corn History

Targeted answers to high-frequency historical and economic queries

What does this corn chart measure?: Annual Maize benchmark price. World Bank annual nominal observations from the Pink Sheet workbook. Unit conversions and CPI adjustments are calculated by CommoditiesHistory.com. No incomplete 2026 annual value is included. Published dollars per metric ton are converted using a 56-pound bushel.
What is the highest annual corn value in this dataset?: $8.1 ($/bushel) in 2022 annual value. This is the highest annual observation within 1960–2025, rather than a daily market record.
How are inflation-adjusted prices calculated?: Each nominal observation is multiplied by the site’s reference CPI divided by the CPI for that observation’s year. The same inflation calculation is used across commodity charts.

Cite This Dataset

World Bank: Commodity Price Data (Pink Sheet): Maize — Data providers: Bloomberg Finance L.P.; US Department of Agriculture; World Bank. — Underlying source data: CC BY 4.0. Source terms and acknowledgment requirements. Unit conversions and inflation adjustments by CommoditiesHistory.com.

APA (7th Edition)

Commodities History Project. (2026). Corn Historical Prices and Inflation-Adjusted Series (1960–2025) [Data set]. CommoditiesHistory.com. https://commoditieshistory.com/corn

BibTeX

@dataset{commoditieshistory_corn_2026,
  author = {{Commodities History Project}},
  title = {Corn Historical Prices and Inflation-Adjusted Series (1960–2025)},
  year = {2026},
  publisher = {CommoditiesHistory.com},
  url = {https://commoditieshistory.com/corn}
}