corn price

The price of corn has remained relatively stable through-out the past twenty years. As shown by the Historical Corn Prices Chart to the right, the price of corn has remained between $1.50 and $2.50. In comparison, propane and natural gas costs have greatly fluctuated for many years and have skyrocketed over the past year.

In the past year, the price of corn rose to $4.00 per bushel. This was mainly due to increased demand for ethanol production in the United States and the release of the USDA Prospective Plantings Report in March. The price has dropped back down to the $3.00 to $3.30 per bushel range.

Those heating with corn have a unique market. They can purchase corn directly from neighboring farms or farmers which gives them the ability to contract the corn for the entire heating season. This allows them to set their heating prices at the beginning of the season and know what their heating bill will be all winter long.