Corn outlook The 2023/24 U.S. corn outlook is for greater production at 15.1 billion bushels due to an increase in harvested area offsetting a reduction in yield. Corn supplies and ending stocks are also up compared to last month’s projections, while use remains unchanged. [...]
Corn outlook The 2023/24 U.S. corn outlook is for slightly higher supplies and ending stocks. U.S. corn production is forecast up 55 million bushels compared to last month’s projection. Soybean outlook The 2023/24 outlook for U.S. soybeans is for higher beginning stocks and a [...]
Corn outlook The 2023/24 U.S. corn outlook is for higher beginning and ending stocks. Forecast U.S. corn production is unchanged from last month, projected at 15.3 billion bushels. Soybean outlook The 2023/24 outlook for U.S. soybeans is for higher beginning and ending stocks, reflecting [...]
Corn outlook The 2023/24 U.S. corn outlook is for larger production, and subsequently, greater domestic use, greater exports, and higher ending stocks. U.S. corn production for 2023/24 is projected at 15.3 billion bushels, a record number and up more than 10 percent from 2022/23 [...]
In its June WASDE report, USDA raised its previous estimate for 2022/23 world corn ending stocks by 5.32 MMT to 310.5 MMT, about 400,000 MT below the current season’s volume. World corn production was increased by 5.1 MMT to 1.186 billion MT, up 30.1 [...]
In its April WASDE report, USDA made minimal changes to its existing forecast for corn but did adjust soybean use estimates. USDA did not change its prior 2021/22 U.S. corn production estimate of 15.115 billion bushels, still above the past two seasons’ volumes. Corn [...]
In its March WASDE report, USDA made minor changes to the U.S. corn and soybean demand forecasts. USDA did not change its prior 2021/22 U.S. corn production estimate of 15.115 billion bushels. However, it did add 25 million bushels to both food, seed & [...]
The February WASDE report was almost the same as January’s, with no changes to the U.S corn balance sheet and only slight adjustments to soybean figures. USDA left its 2021/22 U.S corn production and yield estimates unchanged from last month’s report at 177 bushels [...]
