US Corn Exports Grow 29%

The U.S. Department of Agriculture's (USDA) supply and demand report, released on Thursday (12th), brought specific adjustments to corn projections for the 2025/26 crop year. The analysis was highlighted by the International Center for Economic Analyses and Agricultural Market Studies (Ceema). According to the USDA, corn production in the United States was maintained at 401.8 million tons. However, final stocks were reduced by just over 1.2 million tons, dropping to 44.5 million tons. The average price for U.S. producers remains projected at US$ 4.20 per bushel. Global corn production was increased by 1 million tons, totaling 1.266 billion tons. On the other hand, global final stocks suffered a reduction of 2.6 million tons, now standing at 275.2 million tons. Production estimates for Brazil and Argentina were maintained at 131 million and 53 million tons, respectively. Brazilian exports remain projected at 43 million tons for the new commercial cycle. The USDA also released ...