If you know a farmer that grows corn, give them a high five, because they are part of record production of corn in the United States this year. How does that impact our Nations supply and demand estimates? USDA World Agriculture Outlook Board Chair, Mark Jekanowski says…
The overall estimate for corn comes in at 16.6 billion bushels. He adds that the end result, price-wise, is a forecasted $3.90 per bushel season-ending average price, which is down 30 cents from last month. Meanwhile a combination of factors is resulting in forecasted increases in U.S. corn exports for both the 2024-25 and 2025-26 market to ears.
