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Corn prices in India have risen by roughly one-third in a month, from about US$245–287/t in October to around US$330–383/t in early November 2026. The rally follows a below-normal monsoon that cut kharif yield prospects, rising ethanol producer use of corn as feedstock, and concern over the upcoming rabi crop.
Poultry and feed manufacturers are bearing the brunt of the increase.
Tighter Indian corn supply and stronger ethanol demand pull feed-grade corn away from livestock and poultry users, raising feed costs and supporting corn prices in the region. European corn prices remain stable, so the squeeze is currently India-centric rather than a global supply shock.
commodity-board.comNov 12, 2026After 1,465 past bullish weather events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.4% to +1.9%), and +0.9% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
