See the latest Corn and Other Feedgrains Outlook report.
New Crop U.S. Feed Grains Supply Trimmed Following Key Reports
At the end of June, USDA, National Agricultural Statistics Service released the annual Acreage report and the quarterly Grain Stocks report. New data shape expectations for a net decrease for new crop feed grains production, relative to the prior projections that were informed by the March-released Prospective Plantings report. Corn area harvested was lowered 626,000 acres to 86.8 million acres and supports a 115-million-bushel reduction in corn production. Sorghum harvested area was trimmed by 365,000 acres, resulting in a 25-million-bushel production cut. On the basis of stocks as of June 1, 2025, corn ending stocks for 2024/25 and carryin for 2025/26 are reduced by 25 million bushels. On net, new crop corn supply is cut 140 million bushels month to month. In combination with changes for other grains, the 2025/26 U.S. feed grains supply is lowered 3.8 million metric tons to 451.8 million, the highest since 2016/17.