Ukraine will harvest 30.5 mln tons of corn in the new marketing year – USDA estimate
USDA analysts forecast world corn production in the new MY 2025/26 at 1,264.98 million tons (+43.7 million tons compared to the previous season). Estimated world corn exports are 195.81 million tons (+6.46 million tons), forecast ending stocks are 277.84 million tons (-9.45 million tons). This is stated in the USDA report for May.
Forecast for corn harvest in Ukraine is 30.5 million tons (+3.7 million tons), estimated exports are 24 million tons (+2 million tons), ending stocks are 0.6 million tons (+0.29 million tons).
USDA analysts have increased the forecast for US corn production to 401.85 million tons (+24.22 million tons), export forecast to 67.95 million tons (+1.91 million tons), and ending stocks to 45.73 million tons (+9.78 million tons).
Forecast for major corn exporters for MY 2025/26:
| Country | Yield, mln tons | Export, mln tons | Ending stocks, mln tons |
| Argentina | 53 (+3) | 37 (+1,5) | 2,79 (+0,41) |
| Brazil | 131 (+1) | 43 (0) | 2,58 (-3,4) |
| Russia | 15 (+1) | 3,6 (+0,3) | 1,16 (+0,25) |
| South Africa | 16,5 (+0,5) | 1,9 (+0,2) | 1,99 (+0,4) |
China’s corn harvest is estimated at 295 million tons (+0.08 million tons). Imports will be 10 million tons (+2 million tons), ending stocks will be 182.16 million tons (-16.02 million tons).
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