Corn Syrup Price Trend and Forecast 2026-2027

Corn Syrup prices in Japan, the highest-cost reporting region given its import dependency, rose 2.5% in Q2 2026 to USD 1,010.00/MT from USD 985.00/MT in Q1, extending a sharp reversal from the seasonal softness that had characterized this market through the middle of 2025. US prices, the origin-market benchmark, rose 2.0% to USD 760.00/MT, remaining the most affordable of the four regions tracked here given the country's position as the world's dominant corn syrup producer and exporter. Globally, the average rose from USD 849.90/MT in Q1 to USD 869.72/MT in Q2, a 2.3% gain, following a jump of 5.2% in Q1 alone as elevated corn feedstock costs pushed prices higher across every importing market covered in this report. For H2 2026, a global average of USD 610.00-1,080.00/MT is expected, with steady beverage and confectionery demand likely to keep this market firm.

Corn Syrup is the American term for glucose syrup derived specifically from corn starch, produced through enzymatic hydrolysis of corn starch into a sweet, viscous liquid sweetener. The United States remains the world's dominant corn syrup producer and exporter given its vast domestic corn supply, with Canada, Mexico, and Japan representing significant importing markets tied to their processed food, beverage, and confectionery manufacturing sectors. It serves as a critical ingredient in soft drinks, baked goods, sauces, and processed foods, valued for its sweetening, moisture retention, and texture-enhancing properties. Because this market's primary feedstock, corn, is subject to seasonal harvest cycles and broader grain commodity price swings, corn syrup pricing tracks US corn planting and harvest conditions closely, with importing markets like Japan carrying additional freight and currency-related cost premiums. Corn feedstock costs, beverage and confectionery demand, and freight and currency conditions are what drive prices in this market.

Corn Syrup Price Forecast for 2026

The outlook for Corn Syrup through H2 2026 stays firm, tracking elevated corn feedstock costs alongside steady demand from beverage, confectionery, and processed food manufacturers across every region tracked in this report. Continued growth in packaged food and beverage consumption across importing markets like Japan and Mexico should continue supporting consumption even as the pace of further gains likely moderates from the sharp Q1 2026 firming that reversed the seasonal softness recorded through much of the prior year.

The main upside risk is a further tightening of US corn feedstock availability, whether from adverse growing-season weather or reduced harvest yields, which would push production costs higher across every region. The main downside risk is a larger-than-expected US corn harvest combined with softer beverage and confectionery demand, which would ease some of the current price pressure. Regional supply and demand balances continued to evolve as the quarter progressed.

For the Quarter Ending June 2026

Corn Syrup Prices Q2 2026:

• Japan: USD 1,010.00/MT
• Canada: USD 850.00/MT
• Mexico: USD 828.00/MT
• United States: USD 760.00/MT

Corn Syrup Prices in Japan

Japanese Corn Syrup prices averaged USD 1,010.00/MT in Q2 2026, the highest of any region tracked here, up 2.5% from USD 985.00/MT in Q1, as this import-dependent market continued absorbing elevated freight and currency-related costs alongside firming US corn feedstock prices through the quarter. Regional supply and demand balances continued to evolve as the quarter progressed. These conditions are expected to remain a key factor shaping pricing in the near term.

Why did the price of Corn Syrup change in Q2 2026 in Japan?

Import dependency continued exposing this market to elevated freight and currency-related costs tied to US corn feedstock pricing, keeping this market at the top of the range tracked in this report even as steady domestic beverage demand supported firm procurement. Buyers and sellers alike watched these developments closely for signs of further movement. Regional supply and demand balances continued to evolve as the quarter progressed.

Corn Syrup Prices in Canada

Canadian prices averaged USD 850.00/MT in Q2 2026, up 2.4% from USD 830.00/MT in Q1, as steady demand from domestic food processing and beverage manufacturers continued driving gains through the quarter alongside firming feedstock costs. Buyers and sellers alike watched these developments closely for signs of further movement. Regional supply and demand balances continued to evolve as the quarter progressed.

Why did the price of Corn Syrup change in Q2 2026 in Canada?

Steady demand from domestic food processing and beverage manufacturers, tied to this market's role as a sweetening and texturizing ingredient, kept Canadian buyers active even as feedstock costs continued moving higher through the quarter. These conditions are expected to remain a key factor shaping pricing in the near term. Buyers and sellers alike watched these developments closely for signs of further movement.

Corn Syrup Prices in Mexico

Mexican prices averaged USD 828.00/MT in Q2 2026, up 2.2% from USD 810.00/MT in Q1, as growing demand from beverage and confectionery manufacturing continued supporting this market's upward trajectory through the quarter. These conditions are expected to remain a key factor shaping pricing in the near term. Buyers and sellers alike watched these developments closely for signs of further movement.

Why did the price of Corn Syrup change in Q2 2026 in Mexico?

Continued growth in demand from Mexico's expanding beverage and confectionery manufacturing sector kept buyers competing for available corn syrup supply throughout the quarter, supporting price gains even amid firming feedstock costs. Regional supply and demand balances continued to evolve as the quarter progressed. These conditions are expected to remain a key factor shaping pricing in the near term. Buyers and sellers alike watched these developments closely for signs of further movement.

Corn Syrup Prices in United States

US prices, the lowest of the four regions, averaged USD 760.00/MT in Q2 2026, up 2.0% from USD 745.00/MT in Q1, as this market's position as the world's dominant corn syrup producer continued keeping it comparatively affordable relative to importing markets. Regional supply and demand balances continued to evolve as the quarter progressed. These conditions are expected to remain a key factor shaping pricing in the near term.

Why did the price of Corn Syrup change in Q2 2026 in United States?

This market's position as the world's dominant corn syrup producer and exporter, backed by vast domestic corn supply, continued keeping US offers the most competitive of any region tracked here, even as the broader feedstock cost environment pushed prices modestly higher. Buyers and sellers alike watched these developments closely for signs of further movement. Regional supply and demand balances continued to evolve as the quarter progressed.

For the Quarter Ending March 2026

Corn Syrup Prices Q1 2026:

• Japan: USD 985.00/MT
• Canada: USD 830.00/MT
• Mexico: USD 810.00/MT
• United States: USD 745.00/MT

Corn Syrup Prices in Japan

Japanese prices rose 5.3% in Q1 2026 to USD 985.00/MT from USD 935.00/MT in Q4 2025, reversing the seasonal softness recorded through the middle quarters of 2025 as US corn feedstock costs firmed sharply. These conditions are expected to remain a key factor shaping pricing in the near term. Buyers and sellers alike watched these developments closely for signs of further movement.

Why did the price of Corn Syrup change in Q1 2026 in Japan?

US corn feedstock prices firmed sharply as broader grain commodity costs rose, reversing the seasonal softness that had characterized this market through much of 2025, with that pressure flowing directly through to finished corn syrup pricing across Japan's import-dependent beverage and confectionery supply chains. Regional supply and demand balances continued to evolve as the quarter progressed. These conditions are expected to remain a key factor shaping pricing in the near term.

Corn Syrup Prices in Canada

Canadian prices rose 5.1% in Q1 2026 to USD 830.00/MT from USD 790.00/MT in Q4 2025, tracking a broader firming trend in corn feedstock costs across North American supply chains. Regional supply and demand balances continued to evolve as the quarter progressed. These conditions are expected to remain a key factor shaping pricing in the near term. These conditions are expected to remain a key factor shaping pricing in the near term.

Why did the price of Corn Syrup change in Q1 2026 in Canada?

Elevated corn feedstock costs, tied to broader North American grain commodity market firming, pushed Canadian production expenses higher, even as steady underlying food processing and beverage demand kept this market fundamentally well supported through the quarter. Buyers and sellers alike watched these developments closely for signs of further movement. Regional supply and demand balances continued to evolve as the quarter progressed.

Corn Syrup Prices in Mexico

Mexican prices rose 5.2% in Q1 2026 to USD 810.00/MT from USD 770.00/MT in Q4 2025, tracking the broader North American corn feedstock cost firming trend affecting importing markets. Buyers and sellers alike watched these developments closely for signs of further movement. Regional supply and demand balances continued to evolve as the quarter progressed. Regional supply and demand balances continued to evolve as the quarter progressed.

Why did the price of Corn Syrup change in Q1 2026 in Mexico?

Rising US corn feedstock costs, combined with steady growth in domestic Mexican beverage manufacturing demand, pushed corn syrup prices higher through the quarter as the broader North American sweetener market firmed. These conditions are expected to remain a key factor shaping pricing in the near term. Buyers and sellers alike watched these developments closely for signs of further movement. Buyers and sellers alike watched these developments closely for signs of further movement.

Corn Syrup Prices in United States

US prices rose 4.9% in Q1 2026 to USD 745.00/MT from USD 710.00/MT in Q4 2025, tracking domestic corn feedstock cost firming even as this market remained the most affordable of the four regions tracked here. These conditions are expected to remain a key factor shaping pricing in the near term. Buyers and sellers alike watched these developments closely for signs of further movement.

Why did the price of Corn Syrup change in Q1 2026 in United States?

Rising domestic corn feedstock costs, tied to the broader global grain commodity cost environment, fed through to US corn syrup pricing even as the country's substantial domestic production capacity kept the pace of the increase comparatively moderate relative to importing markets. Regional supply and demand balances continued to evolve as the quarter progressed. These conditions are expected to remain a key factor shaping pricing in the near term.

Quarterly Corn Syrup Price Trends

Global Corn Syrup prices eased through the middle quarters of 2025 on seasonal softness in beverage and confectionery demand, before firming sharply into Q4 and accelerating further in Q1 2026 as elevated US corn feedstock costs pushed prices to their highest levels of the period, a trend that continued into Q2 across every region tracked in this report. Buyers and sellers alike watched these developments closely for signs of further movement.

What was Corn Syrup Price in 2025?

Corn Syrup eased modestly across every market covered in this report through 2025, tracking seasonal softness in beverage and confectionery demand through the middle quarters of the year, before firming sharply into Q4 as US corn feedstock costs began rising ahead of the accelerated Q1 2026 gains that followed. These conditions are expected to remain a key factor shaping pricing in the near term.

Corn Syrup Prices in Japan in 2025

Japanese prices eased from about USD 950.00/MT in Q1 2025 to USD 935.00/MT by Q4, down roughly 1.6%, masking a sharp mid-year seasonal dip to USD 905.00/MT in Q3 before the Q4 recovery took hold. Buyers and sellers alike watched these developments closely for signs of further movement. Regional supply and demand balances continued to evolve as the quarter progressed.

Corn Syrup Prices in Canada in 2025

Canadian prices eased from about USD 800.00/MT in Q1 2025 to USD 790.00/MT by Q4, down roughly 1.2%, the smallest annual decline of the four regions tracking the same broad seasonal pattern. These conditions are expected to remain a key factor shaping pricing in the near term. Buyers and sellers alike watched these developments closely for signs of further movement.

Corn Syrup Prices in Mexico in 2025

Mexican prices eased from about USD 780.00/MT in Q1 2025 to USD 770.00/MT by Q4, down roughly 1.3%, tracking the broader North American seasonal softness before the sharp Q1 2026 reversal that followed. Regional supply and demand balances continued to evolve as the quarter progressed. These conditions are expected to remain a key factor shaping pricing in the near term.

Corn Syrup Prices in United States in 2025

US prices eased from about USD 720.00/MT in Q1 2025 to USD 710.00/MT by Q4, down roughly 1.4%, the steepest annual decline of the four regions given this origin market's direct exposure to domestic corn feedstock cost swings. Buyers and sellers alike watched these developments closely for signs of further movement. Regional supply and demand balances continued to evolve as the quarter progressed.

How We Can Help

Expert Market Research: Your Source for Real-Time Corn Syrup Price Intelligence

Expert Market Research tracks Corn Syrup prices continuously across every major producing and consuming region, combining corn feedstock cost data, beverage and confectionery demand signals, and freight and currency condition trends into a single, regularly updated view of the market. Our team can help your procurement function benchmark current offers, plan purchases around the firming trends covered in this report, and build a defensible view of where this essential sweetening ingredient is headed next. Reach out to our team for a tailored briefing or a deeper look at any of the regional markets covered here.