International grain prices, including corn prices, stagnate; the issue is the exchange rate.

Published 2026년 1월 5일

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[Agricultural and Fisheries Newspaper=Reporter Ahn Hee-kyung] Although the price of corn fell slightly at the end of last year, concerns are growing in the feed industry, which imports the majority of its raw materials, due to the unstable U.S. dollar exchange rate. The corn futures price reached its peak at 451 cents per bushel on December 24th, based on the Chicago Mercantile Exchange, and closed at 440.25 cents on December 31st last year. Soybeans also hit their highest point at 1076 cents per bushel on December 24th, and closed at 1047 cents on December 31st last year. The price of corn is affected by increased purchases from Mexico, South Korea, the European Union, and others, leading to the export of U.S. corn.

Original content

Corn prices saw a slight decline at the end of last year, but the unstable one-dollar exchange rate is causing growing concern in the feed industry, which imports most of its raw materials. Corn futures prices reached their peak on December 24, 2020, at 451 cents per bushel based on the Chicago Mercantile Exchange, and closed at 440.25 cents on December 31, 2020. Soybeans also reached their highest point on December 24, 2020, at 1076 cents per bushel, and closed at 1047 cents on December 31, 2020. Corn prices are at their highest ever, with U.S. corn exports increasing by over 50% compared to the previous season due to increased purchases from Mexico, South Korea, the European Union, and other countries, while large harvests expected in Brazil and Argentina are limiting price increases. Soybeans are expected to see a slight price drop in the future as good crop conditions are expected in Brazil. The problem, according to experts in the feed industry, is the unpredictable ...

Source: Aflnews