The International Grains Council forecasts equal production and demand at 2.373 billion tons each for 2025. Global grain production is expected to recover with favorable growing conditions, while demand is expected to increase due to the use of cheap corn in the feed industry. However, economic instability, including a reduction in global economic growth to 2.8% from the IMF, and risks such as changes in US trade policy and ongoing conflicts in Ukraine and the Middle East, could impact grain markets. The US is predicted to see a increase in corn production, while the European Union is expected to experience a recovery in wheat and barley production.