United States corn prices demonstrated substantial appreciation from 2005 through 2025, rising from 1.96 $/bu to 4.29 $/bu. This represents a total increase of 2.32 $/bu, equivalent to 118.2% growth over the twenty year period with a compound annual growth rate of 4.0%. The market experienced significant volatility throughout this timeframe, with prices reaching a peak of 6.76 $/bu in 2022 and establishing the lowest point at 1.96 $/bu in 2005. The most pronounced movement occurred between 2010 and 2011, when prices surged 57.0% from 3.83 $/bu to 6.02 $/bu. This dramatic single-year gain highlights the commodity's susceptibility to sharp upward movements despite the overall steady growth trajectory characterized by the 4.0% CAGR.
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Claight forecast CLAIGHT VIEW
The Claight forecast extends us corn price toward its 10-year average of 4.008 $/bu using partial mean reversion (22% per year). Farm prices are driven by acreage, yields, weather, feed costs and export demand; this is a baseline, not a point call.
Data table
| Year | $/bu |
|---|---|
| 2005 | 1.96 |
| 2006 | 2.28 |
| 2007 | 3.39 |
| 2008 | 4.78 |
| 2009 | 3.75 |
| 2010 | 3.83 |
| 2011 | 6.02 |
| 2012 | 6.67 |
| 2013 | 6.15 |
| 2014 | 4.11 |
| 2015 | 3.71 |
| 2016 | 3.48 |
| 2017 | 3.36 |
| 2018 | 3.47 |
| 2019 | 3.75 |
| 2020 | 3.50 |
| 2021 | 5.40 |
| 2022 | 6.76 |
| 2023 | 5.95 |
| 2024 | 4.26 |
| 2025 | 4.29 |
Source: USDA National Agricultural Statistics Service, QuickStats, accessed 2026-07-04. Licence: Public domain (U.S. government work). Claight analysis based on this data.