The USDA's supply and demand report for the 2025/26 commercial year anticipates a rise in global corn production, with the United States seeing a 5.2% increase in planted area and a production of 401.8 million tons. This will result in higher final stocks and a drop in average producer price. Globally, corn production is projected to reach 1.265 billion tons, with Brazil and Argentina expected to harvest 131 million tons and 53 million tons, respectively. However, weather conditions could impact price stability. The report also highlights Brazil as a significant competitor for North American exporters.