Commodity Origins

Corn vs Soybeans

Corn's biggest producer is United States (31%, 2024); Soybeans's is Brazil (36%, 2024). Corn is currently $224/t, Soybeans $482/t. Their monthly price moves have moderately tracked each other over the 799 months compared (r = 0.53).

Corn compared with Soybeans
CornSoybeans
CategoryGrains & cerealsOilseeds & vegetable oils
Top producerUnited States (31%, 2024)Brazil (36%, 2024)
World production1.2 billion tonnes397.7 million tonnes
Top exporterUnited States (28%, 2024)Brazil (54%, 2024)
Latest price$224/t (August 2026)$482/t (August 2026)
12-month change+21%+18%

Price since January 1960, rebased to 100

Each price divided by its own January 1960 value and multiplied by 100, so the two can share one chart regardless of unit. Starts at January 1960 because that is the later of the two series' first published month.

Corn vs Soybeans monthly prices, index, Jan 1960 to Aug 2026Line chart of corn vs soybeans monthly prices in index from Jan 1960 to Aug 2026: Corn from 100 to 497.8, peaking at 773.8; Soybeans from 100 to 512.8, peaking at 784.020040060080019601965197019751980198519901995200020052010201520202025index
CornSoybeans

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Production: FAOSTAT, USGS Mineral Commodity Summaries or the Energy Institute Statistical Review, whichever each commodity page cites. Trade: CEPII BACI, primary HS line. Prices: World Bank Pink Sheet, monthly averages, not investment advice. Corn and Soybeans are in different categories (Grains & cereals, Oilseeds & vegetable oils), included here as a cross-category contrast rather than close substitutes.