The Corn Report

The Corn Report

State of the Maize

A collection of statistics around production, prices and trade of corn.

Production

The USA are the largest producer of corn with 350MT per year followed by China with 210MT (2015). Third largest producer is Brazil with 80MT.

In 1960, the world production of corn was approx. 250MT, and till 2015, this amount has been quadrupled up to 1000MT.

Prices

In 2015, the average price for corn was 170 USD per tonne dropping down from 300$/t in 2012. It has nearly halved in 3 years and fell back to the level before the world economic crisis in 2009.

Trade

The European Union imports 11MT corn per year with an average value of 172 EUR/t