NASHVILLE, Tenn. (RFD-TV) — Global coarse grain production for the 2025–26 marketing year is projected slightly lower, but strong U.S. corn exports are providing a key source of support for domestic markets. USDA estimates global coarse grain output at 1.576 billion metric tons, trimmed on weaker corn production in Ukraine, Nigeria, and Canada, partially offset by higher global barley production.
For U.S. corn producers, the most significant adjustment is on the demand side. USDA raised its 2025–26 corn export forecast by 125 million bushels to 3.2 billion, citing robust foreign demand and a historically fast shipping pace early in the marketing year. First-quarter corn exports are now expected to approach 800 million bushels — nearly double the typical seasonal average and the strongest Q1 pace on record.
Reduced Black Sea supplies, logistical challenges, and slower-than-expected shipments from Argentina have constrained export competitiveness. Together, those factors have shifted global buyers toward U.S. corn.
Domestic corn supply projections remain unchanged ahead of final harvest updates, and the season-average farm price is held at $4.00 per bushel.
Farm-Level Takeaway: Record pace corn exports are helping stabilize prices despite softer global grain production and ongoing supply competition.
Tony St. James, RFD-TV Markets Specialist
Argentina hopes to boost demand, but critics see the move as a blow to American farmers.
September 24, 2025 11:35 AM
·
China is making strategic moves by purchasing more soybeans from Argentina and may soon follow the EU and reopen its market to Brazilian chicken exports.
September 23, 2025 01:21 PM
·
Farmers should watch for soybean export rebounds with harvest, while corn and wheat shipments remain strong and sorghum demand struggles.
September 23, 2025 11:54 AM
·
Rollins says the new trade relationship with Taiwan, which is committed to buying a significant amount of U.S. soy, could not come at a better time for farmers facing financial strain.
September 23, 2025 11:06 AM
·
The three-point plan was announced during remarks at the annual meeting of the National Association of State Departments of Agriculture.
September 23, 2025 10:44 AM
·
Higher tariffs may shield some U.S. crops but risk retaliation, lost markets, and higher costs for growers. The WTO disputes highlight the fragile balance between trade policy, farm exports, and input supply chains.
September 22, 2025 12:39 PM
·
USMEF CEO Dan Halstrom joined us on Monday’s Market Day Report for his analysis on the U.S.-Taiwan trade agreement, which includes big bucks for U.S. Beef.
September 22, 2025 12:30 PM
·
Record U.S. sorghum crop faces weak demand as China slashes imports, while corn farmers warn of rising costs, shrinking margins, and global market pressures.
September 22, 2025 11:46 AM
·
Dairy farmers are expected to face strong output and export gains, but lower prices and tighter margins will persist into next year.
September 22, 2025 10:52 AM
·