# Maize Market Falls After USDA Upward Revision: IGC Grain Market Report - News and Statistics - IndexBox

> The International Grains Council reported that its world maize price index fell 6% and nearby US futures dropped 10% month on month. The declines followed larger-than-expected US quarterly stocks and a USDA upward revision to 2026-27 US yield and production. Fob Gulf maize was assessed $23 lower at $229.

- Date: 2026-10-21 · published 2026-10-21T12:00:00.000Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/17143-maize-market-falls-after-usda-upward-revision-igc-grain-market-report-news-and
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

Higher US production and stocks push global maize export prices lower, which eases feed costs for importers. Strong South American export demand and wet harvest conditions limit the downside.

## Read by commodity

- CORN: bearish ▼
- BARLEY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2023-05-14 | [Key data in USDA's May 12 Wasde report, and difference from market expectations - Grain Price News](https://feedsoft.ai/events/35886-key-data-in-usda-s-may-12-wasde-report-and-difference-from-market-expectations.md) | -8.8% | -9.3% |
| CORN | 2022-11-09 | [Key data in USDA's November 9 Wasde report, and difference from market expectations - Grain Price News](https://feedsoft.ai/events/38643-key-data-in-usda-s-november-9-wasde-report-and-difference-from-market.md) | +1.6% | -5.7% |
| CORN | 2022-12-09 | [Key data in USDA's December 9 Wasde report, and difference from market expectations - Grain Price News](https://feedsoft.ai/events/38184-key-data-in-usda-s-december-9-wasde-report-and-difference-from-market.md) | +1.9% | +2.9% |
| CORN | 2022-10-12 | [Key data in USDA's October 12 Wasde report, and difference from market expectations - Grain Price News](https://feedsoft.ai/events/39093-key-data-in-usda-s-october-12-wasde-report-and-difference-from-market.md) | +1.9% | -1.0% |
| CORN | 2023-06-11 | [Key data in USDA's June 9 Wasde report, and difference from market expectations - Grain Price News](https://feedsoft.ai/events/35445-key-data-in-usda-s-june-9-wasde-report-and-difference-from-market-expectations.md) | +6.8% | -3.2% |

## Sources

- indexbox.io: https://www.indexbox.io/blog/global-maize-prices-weaken-as-usda-raises-us-production-forecast/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.