Corn harvest expected to increase this year

(Photo: Pixabay)

According to the USDA, farmers in the United States of America could harvest 425 million tonnes of corn in the 2025/2026 marketing year, 13 percent higher than in the 2024/2025 marketing year. The US is expected to export 72.5 million tonnes of corn (+2 percent). In Ukraine, 32 million tons of corn may be stored in storage this year, 19 percent more than last year, of which 25.5 million tons (+21 percent) of the crop may be placed on foreign markets. Russia’s output may be 15 million tons (+7 percent), and its exports may be 3.6 million tons (+9 percent). In Brazil, a combined 131 million tons (–1 percent) of the crop from the first and second crops may be stored in the granaries in the 2025/2026 marketing year, with 42 million tons (+5 percent) for export. In Argentina, the corn crop may increase by 3 million tons to 53 million tons, of which 37 million tons (+4 percent) may be delivered to foreign markets. According to data from AKI PÁIR, in Hungary, feed corn changed hands at an average producer price of 78.6 thousand forints/ton in the last week of August, which exceeded the previous year by 11 percent. On the Chicago Mercantile Exchange, the September corn quotation ranged between 151 and 159 dollars/ton between August 25 and September 5. On the Paris Mercantile Exchange, the November settlement price of the crop fluctuated between 186 and 191 euros/ton at the same time.

AKI PÁIR