Corn Markets Eye Upcoming World Supply and Demand Forecast

NASHVILLE, Tenn. (RFD-TV) — There is a whole lot of corn on hand right now, and the markets are eager to see the next World Agricultural Supply and Demand Estimate (WASDE). The upcoming U.S. Department of Agriculture (USDA) report will provide an update on yield data, which the latest reportdid not address.

Economist Naomi Blohm said traders hope for a downward revision, which would be good news for growers.

“If this corn yield number in the United States goes down in January, if there’s this weather issue in South America this winter, and if the USDA brings that yield number down, we’ve got reasons for corn futures to be able to really easily climb over $4.50,” Blohm explained. “And maybe head up towards the $5 area, which would be very welcomed for so many producers.”

Despite ample corn supplies on hand, Blohm said domestic demand has been strong, especially for ethanol. She estimated that one-third of U.S. corn supplies go to that sector, totaling about 5.5 billion bushels.

Related Stories

Crops

Deadline to Reopen Strait of Hormuz Extended As Middle East Conflict Shakes Inputs, Lifts Corn Outlook

NCGA Chief Economist Krista Swanson discusses the evolving role of ethanol in the current energy crisis, opportunities for expanding corn discusses the evolving role of ethanol in the current marketdemand, and the industry’s outlook moving forward.

March 23, 2026 12:04 PM

 · 

Marion Kirkpatrick

Agriculture

RFD NEWS Regional Crop Progress & Livestock Production Weekly Recap — Monday, March 23, 2026

Spring Weather Creates Uneven Early Season Field Conditions

March 23, 2026 10:50 AM

 · 

Tony St. James

Livestock

March Cattle-on-Feed Report Holds Steady as Marketings Decline Nationwide

USDA Cattle-on-Feed report for March shows slightly lower inventory and higher February placements, signaling a tighter supply but steady outlook for the U.S. cattle herd.

March 20, 2026 03:30 PM

 · 

Tony St. James

Equine

Demand Grows for Draft Cross Horses Ahead of Waverly Auction

The Midwest event will feature hundreds of horses and offer nationwide bidding access to participants

March 20, 2026 03:11 PM

 · 

Neal Burnette-Irwin

Business

Ethanol Output Falls as Stocks Rise Across the Nation

E15 policy could shape future corn demand outlook.

March 19, 2026 04:06 PM

 · 

Tony St. James

Aquaculture

Navigating Choppy Waters: Texas Gulf Shrimpers Navigate Rising Costs, Foreign Competition

At the Port of Brownsville, shrimpers are facing rising operating costs and increased competition, but many shrimp producers and local lawmakers remain optimistic about the industry’s future.

March 19, 2026 01:22 PM

 · 

Frank McCaffrey

Load More