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U.S. corn exports hit a record high in early 2025, lowering stockpiles and slightly reducing global carryout.
U.S. corn exports surged to a record 800 million bushels in the first quarter of 2025-2026, boosting the year’s forecast to 3.2 billion bushels and lowering ending stocks to 2.029 billion, according to the USDA’s December report.
Global corn carryout dipped slightly to 279.2 million metric tons, with production revisions lower in Ukraine, Canada, and several African nations.
Soybean and wheat carryout rose globally, driven by strong outputs in the EU, Russia, and other regions, while U.S. supply and price forecasts remained stable.
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Las exportaciones de maíz de los Estados Unidos alcanzaron un récord a principios de 2025, reduciendo las existencias y reduciendo ligeramente la producción global.