US Corn Prices Slide Nearly 8 Cents Amid Trade Uncertainty

Corn prices plummeted nearly 8 cents per bushel on September 23, as U.S. grain markets took a sharp downturn.

The decline was triggered by traders assessing U.S.-China trade developments and a stronger U.S. dollar.

New export demand reported by the USDA also contributed to the selloff, with the agency announcing a sale of 100,000 metric tons of U.S. corn to Mexico for the 2026/27 marketing year.

A stronger dollar can make U.S. agricultural commodities more expensive for international buyers and potentially reduce the competitiveness of American grain exports.