Maize prices fell until August 2023 in USA, due to record harvests in Brazil, good crops in USA due to favourable climatic conditions, and slower demand. Bumper crop harvests in Brazil surprising USA harvests played significant role in drop of Maize price. Further favorable climate conditions for the crop of USA also supported the price drop. At the same time demand from Ethonol production and feeds auction also have been lower. Poor export demand also put pressure on USA corn prices.