Corn and Soybean: Production Projections for the 2024/2025 Season USDA - April 2025

Published Apr 15, 2025

Tridge summary

The USDA's latest report on cereal and oilseed estimates for the 2024/25 season reveals mixed findings. Global corn production is expected to decrease by 1.2% from the previous season, with the United States seeing a 3.1% drop, but China's production is expected to rise by 2.1%. Worldwide corn exports are projected to decrease by 2.4%, with the United States seeing an 11.2% increase in export activity. Global soybean production is anticipated to increase by 6.1%, with Brazil and the United States leading the growth. Export activity will be dominated by Brazil, while China's import volume is expected to decrease by 2.7%. Finally, world ending stocks of oilseeds are predicted to increase by 6.2%.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Here are the highlights of the latest cereal and oilseed estimates released by the USDA on April 10: Corn Production World corn production for the 2024/25 campaign would be around 1,215.1 million tonnes (Mt), down 1.2% compared to the 2023/24 cycle, whose latest estimate is 1,229.3 Mt. In the United States, production would reach 377.6 Mt, a drop of 3.1% compared to the previous season (389.7 Mt), while China would increase its harvest by 2.1%, to 294.9 Mt. The European Union, in turn, would fall 4.3%, to 59.3 Mt, while Ukraine, with 26.8 Mt, would record a drop of 17.5% compared to 32.5 Mt. consolidated in the previous cycle. In the case of Brazil, production would reach 126 Mt, which represents an increase of 5.9% compared to the 2023/24 season (119 Mt), while in Argentina the harvest would be around 50 Mt, a figure that would represent a decrease of 2.0% compared to the previous cycle (51 Mt). Exports World corn exports would decrease by 2.4% in this new season, ...

Source: 3tres3