NASHVILLE, Tenn. (RFD-TV) — A massive U.S. corn harvest is colliding with only incremental demand gains, keeping prices heavy into winter.
In an analysis for Mississippi State University, Will Maples noted that the US Department of Agriculture (USDA) September projection of 16.8 billion bushels—nearly 1.5 billion above the 2023 record—would hold even if yields are trimmed post-harvest.
Most use sits in three bins: feed, ethanol, and exports
Feed demand is pegged near 6.1 billion bushels, the highest since at least 2000, supported by lower prices and rising grain-consuming animal units (100.8 in 2025 vs. 99.9 last year). Ethanol grind is projected around 5.6 billion bushels (up from 5.4), with year-round E15 still a potential kicker.
Exports are the standout
Sales are tracking toward a record 3.0 billion bushels, led by Mexico, Japan, and Colombia—despite China’s absence since 2023/24 and a pause in weekly updates during the shutdown-scrapped October WASDE. Maples’ bottom line: strong use won’t outrun record supply, so price relief rests on final production and disciplined marketing.
Farm-Level Takeaway: Set targets and use forwards, futures, or options to manage downside while preserving room for rallies.
Tony St. James, RFD-TV Markets Expert
Jeramy Stephens of National Land Realty breaks down current trends in the farmland real estate market and how landowners should consider water availability and its impact on land values as they plan for the year ahead.
February 04, 2026 01:57 PM
·
As cattle markets show renewed strength, producers gathering at CattleCon are focused on protecting operations, managing risk, and positioning for opportunity in the year ahead.
February 04, 2026 01:41 PM
·
Mexico has fallen behind by several hundred thousand acre-feet in required water deliveries to the United States, a shortfall that has had devastating consequences across the Rio Grande Valley.
February 04, 2026 12:23 PM
·
U.S. Senator Roger Marshall of Kansas discusses expected changes to the 45Z tax credit and what they could mean for agriculture and rural America.
February 04, 2026 11:13 AM
·
Purdue University Professor of Agricultural Economics Dr. Jim Mintert shares a closer look at farmer sentiment and the key issues shaping the agricultural economy in January.
February 04, 2026 10:53 AM
·
Stronger U.S.-Guatemala trade rules favor dependable, regionally integrated supply chains — rewarding execution and commitment over cost-only sourcing.
February 04, 2026 09:00 AM
·
