USDA analysts increased the forecast for the corn harvest in Ukraine by 1.5 mln tons
USDA analysts forecast global corn production in MY 2025/26 at 1,288.56 million tons (+24.92 million tons compared to the previous forecast). Estimated global corn exports are 200.86 million tons (+5.05 million tons), forecast ending stocks are 282.54 million tons (+10.46 million tons). This is stated in the USDA report for August.
Forecast for corn harvest in Ukraine is 32 million tons (+1.5 million tons), estimated exports are 25.5 million tons (+1.5 million tons), ending stocks are 0.95 million tons (+0.35 million tons).
USDA analysts have raised their forecast for US corn production to 425.26 million tons (+26.33 million tons), exports to 73.03 million tons (+5.08 million tons), and ending stocks to 53.77 million tons (+11.6 million tons).
Forecast for major corn exporters for MY 2025/26:
| Country | Harvest, mln tons | Export, mln tons | Stocks, mln tons |
| Argentina | 53 (0) | 37 (0) | 3,19 (0) |
| Brazil | 131 (0) | 43 (0) | 3,59 (0) |
| Russia | 15 (0) | 3,6 (0) | 1,16 (0) |
| South Africa | 16,5 (0) | 1,9 (0) | 1,65 (0) |
China’s corn crop is estimated at 295 million tons. Imports will be 10 million tons, ending stocks — 178.16 million tons (-1 million tons).
Discover more about аgri market developments at the 11 International Conference BLACK SEA OIL TRADE on September 23 in Bucharest! Join agribusiness professionals from 25+ countries for a powerful start of the oilseed season!
Read also
The Counterparty Is Trying to Avoid Fulfilling the Contract. What Should You Do?
Russia’s lurking grain industry crisis
China extends Canadian canola probe until March 2026
US agricultural sales to increase by $8 bln following agreement with Japan
China’s soybean stocks hit record high amid trade war with US
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon