# Price of corn hits 9-year high as surge in commodities continues

> Corn futures in Chicago surpassed $8 a bushel on April 18, with CNBC reporting the July contract at its highest since September 2012, up from about $6 at the start of the year. Commentary attributed the rise partly to the Ukraine war and broader agricultural price pressure.

- Date: 2022-04-18 · published 2022-04-18T12:00:00.000Z
- Category: market · region US · magnitude medium
- Page: https://feedsoft.ai/events/41875-price-of-corn-hits-9-year-high-as-surge-in-commodities-continues
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Higher corn prices raise feed input costs for livestock and poultry buyers, with sustained war-related supply losses keeping the upward pressure in place.

## Read by commodity

- CORN: bullish ▲

## Sources

- cnbc.com: https://www.cnbc.com/2022/04/18/price-of-corn-hits-9-year-high-commodities-food-inflation.html

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