Corn use for US feed set to rise as beef demand declines

The World Agricultural Supply and Demand Estimates (WASDE) and S&P Global Commodity Insights have raised their forecasts for corn usage in animal feed, particularly for broiler feeding, in 2026. This adjustment comes in light of a notable decline in beef demand driven by rising prices. “Our view is consistent in that ample supplies of corn are likely to make it competitive in feeding,” said Mary Kate Scruggs, principal corn analyst at S&P Global Commodity Insights. For the marketing year 2025/26, which for US corn runs from September to August, WASDE and Commodity Insights projects a production of 16.8 billion bushels, a year over year increase of 13%. In terms of the feed and residual use, WASDE forecast an annual increase of 11% for the MY 2025/26, reaching to 6,100 million bushels. While Commodity Insights projections are below at 5,925 million bushels, an annual increase of 8%. CEO’s of Tyson Foods and Pilgrims said during their latest conference calls with analysts that ...