USDA analysts estimate the corn harvest in Ukraine in the MY 2026/27 at 30 mln tons
USDA forecasts world corn production in MY 2026/27 at 1,295.38 million tons (-17.3 million tons compared to the previous season). Estimated world corn exports are 206.91 million tons (-6.7 million tons), forecast ending stocks are 277.54 million tons (-19.41 million tons).
USDA analysts estimate the corn harvest in Ukraine in MY 2026/27 at 30 million tons (-0.9 million tons). Estimated exports are 23 million tons (+1 million tons), ending stocks are 2.56 million tons (-0.19 million tons).
The US corn production forecast is currently 406.29 million tonnes (-26.05 million tonnes), exports forecast is 80.01 million tonnes (-3.81 million tonnes), and ending stocks are 49.71 million tonnes (-4.7 million tonnes).
Forecast for major corn exporters for MY 2026/27:
| Country | Harvest, mln tons | Export, mln tons | Ending stocks, mln tons |
|---|---|---|---|
| Argentina | 55 (-4) | 43 (-5) | 3,51 (-0,3) |
| Brazil | 139 (+4) | 44 (+1) | 11,38 (-0,2) |
| Russia | 15,8 (+1) | 4 (+0,7) | 0,91 (-0,15) |
| South Africa | 16,5 (-1,2) | 2 (+0,7) | 2,39 (-0,2) |
China’s corn harvest is estimated at 307 million tons (+5.76 million tons). Imports will be 6 million tons, ending stocks — 166.13 million tons (-12.02 million tons).
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