World benchmark
US No. 2 yellow maize, FOB US Gulf ports. Monthly average in US dollars, published by the World Bank. The definition of a benchmark can change over the years; the World Bank lists every change in its data file.
Maize (Corn) Price
The world benchmark for maize was USD 226.5/t in October 2026 (about EUR 202.2), 5.5% lower than the month before and 14.3% higher than a year earlier.
World benchmark
226.5USD/t
October 2026 · ≈ EUR 202.2
1 month
−5.5%
vs Sep 2026
12 months
+14.3%
vs Oct 2025
Brazil export price (FOB)
229.9USD/t
October 2026 · +12.7% in 12 months
Maize (Corn) price chart
World benchmark: US No. 2 yellow maize, FOB US Gulf ports. Brazil export average: maize (not for sowing), export value divided by net weight, FOB. Monthly averages per tonne. Euro values use the ECB monthly average rate.
Key figures
So far in 2026 the benchmark has averaged USD 215.8/t, 6.2% higher than in the same months of 2025. Brazil shipped 36.5 million tonnes of maize (not for sowing) in the 12 months to October 2026, 6.0% less than in the 12 months before. The largest destinations in January to October 2026 were Egypt (22%), Iran (15%) and Vietnam (10%).
- 5-year high
- USD 348.2/tApril 2022
- 5-year low
- USD 170.3/tAugust 2024
- 10-year average
- USD 208.4/tbenchmark
- Brazil exported in October 2026
- 5.7 million tonnes
- Brazil exported, last 12 months
- 36.5 million tonnes
Brazil's exports of maize
Official export statistics for maize (not for sowing) (HS 1005.90).
When Brazil ships
Shipments peak in August, September and October: about 48% of a typical year. Average share of each year's export weight, 2021 to 2025.
Where Brazil ships, January to October 2026
| Destination | Share | Tonnes | USD/t |
|---|---|---|---|
| Egypt | 22% | 5,549,356 | 218.0 |
| Iran | 15% | 3,801,106 | 230.5 |
| Vietnam | 10% | 2,553,798 | 219.2 |
| Spain | 6.6% | 1,668,774 | 218.7 |
| Saudi Arabia | 4.9% | 1,243,822 | 217.6 |
| Algeria | 4.9% | 1,230,984 | 218.5 |
| Japan | 3.7% | 937,515 | 223.3 |
| China | 3.7% | 936,287 | 211.5 |
| Other countries | 29% | 7,402,629 | – |
Share of export weight, January to October 2026. 96 destination countries in total.
Maize (Corn) price by year
Calendar-year averages. The Brazil export average is weighted by the volume shipped.
| Year | Benchmark average, USD/t | Brazil export average, USD/t | Brazil exports, tonnes |
|---|---|---|---|
| 2026to Oct 2026 | 215.8 | 221.6 | 25,324,271 |
| 2025 | 203.2 | 206.4 | 40,950,703 |
| 2024 | 190.6 | 202.6 | 39,756,377 |
| 2023 | 252.7 | 241.0 | 55,867,924 |
| 2022 | 318.8 | 279.7 | 43,163,309 |
| 2021 | 259.5 | 200.9 | 20,400,288 |
| 2020 | 165.5 | 168.2 | 34,400,386 |
| 2019 | 170.1 | 168.8 | 42,724,134 |
| 2018 | 164.4 | 170.8 | 22,941,335 |
| 2017 | 154.5 | 156.2 | 29,245,945 |
Last 24 months
| Month | Benchmark, USD/t | ≈ EUR/t | Brazil export, USD/t | Brazil exports, tonnes |
|---|---|---|---|---|
| Oct 2026 | 226.5 | 202.2 | 229.9 | 5,684,615 |
| Sep 2026 | 239.6 | 208.1 | 225.8 | 5,207,820 |
| Aug 2026 | 224.0 | 193.2 | 213.0 | 4,648,877 |
| Jul 2026 | 213.4 | 186.9 | 209.4 | 1,941,224 |
| Jun 2026 | 197.1 | 171.1 | 224.8 | 434,053 |
| May 2026 | 216.2 | 185.2 | 244.9 | 249,316 |
| Apr 2026 | 214.0 | 182.8 | 235.0 | 470,923 |
| Mar 2026 | 212.7 | 184.0 | 223.6 | 981,137 |
| Feb 2026 | 209.6 | 177.3 | 217.6 | 1,512,532 |
| Jan 2026 | 204.5 | 174.2 | 217.8 | 4,193,775 |
| Dec 2025 | 205.7 | 175.7 | 213.2 | 6,124,649 |
| Nov 2025 | 202.0 | 174.7 | 208.5 | 5,027,283 |
| Oct 2025 | 198.1 | 170.3 | 204.1 | 6,495,646 |
| Sep 2025 | 197.4 | 168.3 | 197.2 | 7,560,441 |
| Aug 2025 | 185.5 | 159.5 | 196.0 | 6,846,762 |
| Jul 2025 | 192.0 | 164.4 | 202.6 | 2,431,998 |
| Jun 2025 | 196.1 | 170.3 | 224.9 | 367,478 |
| May 2025 | 203.9 | 180.8 | 279.1 | 37,108 |
| Apr 2025 | 215.0 | 191.7 | 253.7 | 177,287 |
| Mar 2025 | 207.4 | 191.9 | 237.7 | 870,736 |
| Feb 2025 | 220.9 | 212.1 | 225.4 | 1,418,995 |
| Jan 2025 | 214.4 | 207.1 | 217.4 | 3,592,320 |
| Dec 2024 | 202.6 | 193.3 | 210.9 | 4,262,899 |
| Nov 2024 | 201.3 | 189.4 | 204.2 | 4,722,702 |
What these prices are
Brazil export price
Official export statistics for maize (not for sowing) (HS 1005.90). The price is the export value divided by the net weight, at the Brazilian port (FOB). It is an average over all grades and destinations, not a quotation. Months with less than 20 tonnes shipped are left blank.
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Questions about maize prices
What is the price of maize now?
The world benchmark for maize was USD 226.5/t in October 2026 (about EUR 202.2), 5.5% lower than the month before and 14.3% higher than a year earlier. Source: World Bank Commodity Price Data.
What price does Brazil export maize at?
In October 2026 Brazil exported maize (not for sowing) at an average of USD 229.9/t FOB (about EUR 205.3). That is the total export value divided by the total net weight, across all grades and destinations.
Why is the Brazil export price different from the benchmark?
The benchmark is one defined grade at one delivery point. The Brazil export price is an average over every shipment in the month: different grades, contracts agreed weeks or months earlier, and the price at the Brazilian port before freight and insurance.
What was the average maize price in 2025?
The world benchmark for maize averaged USD 203.2/t in 2025. Brazil's average export price that year was USD 206.4/t FOB.
Which countries buy maize from Brazil?
In January to October 2026 the largest destinations by weight were Egypt (22%), Iran (15%), Vietnam (10%), Spain (6.6%) and Saudi Arabia (4.9%). Brazil shipped to 96 countries in that period.
When does Brazil export maize?
Exports are seasonal. On average from 2021 to 2025, the busiest months were August, September and October, which carried about 48% of each year's shipments.
How often is this page updated?
Once a month, after the World Bank and Brazil's trade statistics publish the previous month's figures, normally in the first half of the month.
Can Sell2Brazil supply maize?
Today we supply Brazil nut kernels from stock in Rotterdam. We work with Brazilian producers and are adding new products. Tell us the product, the volume and the destination and we will tell you what we can do.
Other prices
Sources and licence
Benchmark prices: World Bank Commodity Price Data (The Pink Sheet), release of 3 November 2026, licensed under CC BY 4.0. Percentage changes, averages and euro conversions are our calculations.
Brazil export figures: Comex Stat, the official trade statistics of Brazil's Ministry of Development, Industry, Trade and Services, data to October 2026. The average export price is our calculation (export value divided by net weight) and covers all grades and destinations.
Exchange rate: ECB euro reference rates, monthly average.
Figures are monthly averages for information only. They are not offers, quotations or advice, and none of the institutions named here endorses this page. Page updated on .