The ProFarmer Crop Tour reported Illinois corn yields well below last year's levels and the three-year average, with western Iowa districts also coming in under tour averages. The below-trend yields are tightening supply expectations and supporting corn futures, with December contracts reaching a spring high. Export sales data showed solid old-crop demand from Japan and Spain, while new-crop business slowed as the price rally tempered buyer interest.
Pro Farmer Crop Tour reported below-average corn yields in key growing states, with South Dakota yields significantly down from last year and the three-year average. U.S. corn condition ratings declined to 60% good to excellent, below the five-year average. Export inspections surged compared to the prior year, supporting strong demand. The combination of tightening supply expectations and robust export demand is pushing prices higher.
| Product | Region | Incoterm Basis | Price | Last Updated Month |
|---|---|---|---|---|
| Corn Syrup | China | CIF | USD 575.04/MT | June 2026 |
| Corn Syrup | India | FOB | USD 576.25/MT | June 2026 |
| Corn Syrup | USA | CIF | USD 580.02/MT | June 2026 |
| Corn Syrup | Brazil | FOB | USD 563.68/MT | June 2026 |
| Corn Syrup | Canada | CIF | USD 594.28/MT | June 2026 |
| Corn Syrup | China | CIF | USD 575.01/MT | May 2026 |
| Corn Syrup | India | FOB | USD 581.95/MT | May 2026 |
| Corn Syrup | USA | CIF | USD 582.93/MT | May 2026 |
| Corn Syrup | Brazil | FOB | USD 566.51/MT | May 2026 |
| Corn Syrup | Canada | CIF | USD 597.27/MT | May 2026 |
Stay updated with the latest corn syrup prices, historical data, and tailored regional analysis
Asia
In China, the prices of Corn Syrup were ~USD 565.40/MT in April and ~USD 575.00/MT in June, showing a ~1.7% increase. The modest rise occurred despite strong competitive pressure from imported sweeteners. China imported 516,000 tonnes of syrup and sugar premixes during January-May, up 50.6% year on year, increasing domestic availability and restricting stronger gains. Adequate corn-starch supply and cautious food and beverage procurement also kept market movement limited. In India, the prices of Corn Syrup were ~USD 555.40/MT in April and ~USD 576.00/MT in June, showing a ~3.7% increase. Regional processing costs and steady food-sector procurement supported a firmer trend, although abundant Asian sweetener availability capped stronger upward pressure.
Europe
European corn syrup conditions remained stable-to-soft as lower bulk sweetener pricing and muted customer demand outweighed elevated energy and conversion costs. Regional starch biorefineries process around 22 million tonnes of domestically grown crops annually, providing a substantial raw-material base and reducing shortage risk. Large processing capacity kept supply adequate, while weak food-industry purchasing limited producers’ ability to sustain stronger increases.
North America
In the United States, the prices of Corn Syrup were ~USD 565.40/MT in April and ~USD 580.00/MT in June, showing a ~2.6% increase. Meanwhile, in Canada, the prices of Corn Syrup were ~USD 575.40/MT in April and ~USD 594.00/MT in June, showing a ~3.2% increase. Feedstock availability remained comfortable, with June corn stocks reaching 5.29 billion bushels, up 14% year on year according to USDA. However, weaker liquid-sweetener volumes and softer food and industrial ingredient demand restrained gains. Production disruptions at a major corn-processing facility provided some supply-side support, helping maintain a modest upward trend.
Analyst Insight
According to Procurement Resource, corn syrup conditions are expected to remain broadly stable, as ample corn availability and cautious sweetener demand offset localized production and processing-cost pressures.
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Asia
Corn syrup sentiment moved upward in Q1’26, mainly due to stronger upstream corn movement in China and active regional grain trade. China’s corn starch market strengthened in March as raw corn costs increased and starch demand improved from food and industrial users. India added supply support to the region, with 2025/26 corn exports raised to 650,000 tons and output forecast at a record 43.0 million tons. This improved regional availability but did not fully offset higher conversion and logistics costs. The Iran war and Strait of Hormuz closure raised shipping risk and fuel-linked freight costs, adding support to delivered values. Downstream demand from beverages, bakery, confectionery, and processed foods remained moderate.
Europe
Corn syrup sentiment was steady to slightly weak during Q1’26. Corn availability remained comfortable, and EU import flows shifted as buyers reduced dependence on delayed Ukrainian cargoes and sourced more from Brazil and the US. EU corn imports were projected at 21 million tons for MY 2025/26. Weak animal feed demand and wheat substitution reduced pressure on corn, which softened the feedstock side for starch sweeteners. Food and beverage demand stayed stable, but not strong enough to lift the market sharply. Hormuz-related freight and energy pressure prevented a deeper decline.
North America
Corn syrup sentiment was steady with mild upward pressure. Strong export demand supported upstream corn, as US corn export commitments reached 2,558 million bushels by February. This kept corn availability tighter for domestic processors despite a large supply base. Corn syrup demand from beverages, sauces, confectionery, and packaged foods remained steady. Hormuz disruption added freight and fuel cost pressure, but the stronger corn export pace was the main driver.
Corn syrup, or glucose syrup, is a sweet and viscous food syrup made by the breakdown of a source of starch like corn, rice, potato, rice etc. It is a colourless and odourless liquid mainly used as a sweetener in foods and also added volume while softening the texture.
C57H104O9
As a substitute for sucrose, in candy making to control crystallization, in confections and ice cream to provide pliability, among others.
Glucose Syrup, Corn Syrup (Glucose), Syrups, Hydrolyzedstarch, Maize syrup
Archer Daniels Midland Company, Cargill, Incorporated, COFCO Corporation, Ingredion Incorporated, Kent Corporation, Luzhou Bio-chem Technology Limited, Roquette Freres, and Tate and Lyle PLC.
CurrencyUS$ (Data can also be provided in local currency)
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Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
Corn syrup is produced by converting corn starch into syrups through enzyme hydrolysis. Wet starch is mixed with a weak hydrochloric enzyme to break down the starch molecules, resulting in corn syrups. The syrups undergo filtration and refining for desired quality.
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