# Corn price to end the rally and decline towards 550 by year-end – CE — Octa

> Capital Economics expects corn prices to hold most recent gains through 2021 as global demand growth and constrained supply leave the market in deficit. It forecasts prices falling to 550 and 450 US cents per bushel by end-2021 and end-2022, from about 600 cents currently. The decline is attributed to slowing Chinese demand and a supply rebound after La Niña ends.

- Date: 2021-04-16 · published 2021-04-16T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/47629-corn-price-to-end-the-rally-and-decline-towards-550-by-year-end-ce-octa
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

The forecast of lower corn prices by late 2021 and 2022 suggests feed buyers may find better prices ahead, though near-term costs stay high. Ongoing deficits mean any decline will likely be gradual.

## Read by commodity

- CORN: neutral

## Sources

- octaafrica.net: https://www.octaafrica.net/markets/news/view/895254/

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