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).
Further development of the grain and oilseed markets of Ukraine and the Black Sea region will be in the spotlight of the BLACK SEA GRAIN. KYIV conference, taking place on April 22–23 in Kyiv. The event will focus on strategic directions for the agricultural sector through 2030, including investments, energy independence, processing, and exports of high-value products.
Join strategic discussions and networking with industry leaders to gain актуальна insights, discover new business opportunities, and build partnerships with key market players.
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