Corn Commodity Update for the Week Ending May 05, 2023

Corn futures for the week of May 01, 2023 was 596.5, an increase of 2% from last week’s closing price of 585.

Corn's best performance of the week happened on May 05, 2023 when its price rose to 596.5.

Compared to last month Corn is performing poorly as prices have dropped from 627.5 in Apr 05, 2023 to 596.5 in May 05, 2023. The drop represents a 4.9% decrease.

If held in contrast to last year, the price of corn has taken a 19.3% hit and is currently at 596.5. The worst day for corn was Jan 03, 2022, when the price was 557.

For the week of May 01, 2023, Corn's total volume was 730881. The highest daily volume took place on May 03, 2023 when Corn was 170044.

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