USDA leaves corn production forecast in Ukraine unchanged
USDA analysts forecast world corn production in MY 2025/26 at 1,265.98 million tons (+1 million tons compared to the previous season). Estimated world corn exports are 195.81 million tons (+0.01 million tons), forecast ending stocks are 275.24 million tons (-2.6 million tons). This is stated in the USDA report for June.
Forecast for corn harvest in Ukraine is 30.5 million tons, estimated exports are 24 million tons, ending stocks are 0.6 million tons.
USDA analysts did not change the forecast for corn production in the USA – 401.85 million tons, forecast exports – 67.95 million tons, ending stocks – 44.46 million tons (-1.27 million tons).
Forecast for major corn exporters for MY 2025/26:
| Country | Yield, million tons | Export, million tons | Stoks, million tons |
| Argentina | 53 (0) | 37 (0) | 3,19 (+0,4) |
| Brazil | 131 (0) | 43 (0) | 2,59 (+0,01) |
| Russia | 15 (0) | 3,6 (0) | 1,16 (0) |
| South Africa | 16,5 (0) | 1,9 (0) | 1,66 (-0,33) |
China’s corn crop is estimated at 295 million tons. Imports will be 10 million tons, ending stocks — 181.16 million tons (-1 million tons).
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