# FORECAST - Will corn prices achieve a sixth successive year of gains in 2023? - Grain Price News

> Grain Price News publishes a forecast series asking whether corn prices will rise for a sixth straight year in 2023. Fitch Solutions expects prices to stay above pre-2022 levels, citing a projected fall in global corn exports larger than the fall in production due partly to the Russia-Ukraine conflict.

- Date: 2022-12-28 · published 2022-12-28T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/38239-forecast-will-corn-prices-achieve-a-sixth-successive-year-of-gains-in-2023
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

A forecast of tighter global corn exports and elevated volatility supports corn prices and raises feed grain costs for buyers heading into 2023.

## Read by commodity

- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2022-04-26 | [Argentine corn sowings to fall for first time in 9 years, as farmers switch to soy - Grain Price News](https://feedsoft.ai/events/14041-argentine-corn-sowings-to-fall-for-first-time-in-9-years-as-farmers-switch-to.md) | -5.4% | -0.4% |
| CORN | 2017-12-12 | [Lack of rain delays planting and reduces corn crop forecast in 2018 \| News Agency](https://feedsoft.ai/events/67325-lack-of-rain-delays-planting-and-reduces-corn-crop-forecast-in-2018-news-agency.md) | +1.9% | +2.2% |
| CORN | 2020-11-03 | [Grains, oilseeds prices six-year high: IGC - Grain Central](https://feedsoft.ai/events/50192-grains-oilseeds-prices-six-year-high-igc-grain-central.md) | +0.0% | +8.8% |
| CORN | 2024-04-16 | [USDA revises corn and sorghum forecasts for 2023/24 \| Feed & Grain](https://feedsoft.ai/events/30811-usda-revises-corn-and-sorghum-forecasts-for-2023-24-feed-and-grain.md) | -0.3% | +3.3% |
| CORN | 2023-09-06 | [U.S. Agricultural Exports Forecast at $172.0 Billion in Fiscal Year 2024 - Farm Policy News](https://feedsoft.ai/events/14815-u-s-agricultural-exports-forecast-at-172-0-billion-in-fiscal-year-2024-farm.md) | -1.3% | -6.5% |

## Sources

- grainpricenews.com: https://grainpricenews.com/2022/12/28/forecasts-will-corn-prices-achieve-a-sixth-successive-year-of-gains-in-2023/

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