Feed Grain Outlook

  • July 18, 2025 – U.S. corn crop condition ratings continue to point to impressive yield potential for 2025. 74% of the crop is rated as good and excellent combined, 5% in the very poor and poor categories (unchanged from the week before).
  • July 11, 2025 – The major revisions to the U.S. corn supply and demand balance sheet in the July WASDE reflect information from last month’s Acreage report: planted acres down 100,000 and harvested acres down 600,000. This lowered the 2025 production estimate by 115 million bushels.
  • June 30, 2025 – The Acreage report shows U.S. corn plantings down from the March Prospective Plantings survey and a lower harvested corn number than previously estimated. Corn stocks are down compared to last year on record corn use in the December to June time frame.
  • June 24, 2025 – The only change to the supply and demand balance sheet for U.S. corn in the June WASDE came from a 50 million bushel increase in exports of the 2024 crop. Though down this week, the U.S. corn crop condition index is above average and on par with 2024.

 

Mark Welch
Texas A&M AgriLife Extension Economist

600 John Kimbrough Blvd
TAMU 2124
College Station, Texas 77843
Tel. (979)845-8011
Fax. (979)845-4906
JMWelch(at)tamu.edu

The opinions and recommendations expressed are solely those of the author and are intended for educational purposes only as part of the Texas A&M AgriLife Extension Service.  Texas A&M AgriLife Extension Service assumes no liability for the use of this newsletter.  Educational programs of the Texas A&M AgriLife Extension Service are open to all people without regard to race, color, sex, disability, religion, age, or national origin.  The Texas A&M University System, U.S. Department of Agriculture, and the County Commissioners Courts of Texas Cooperating

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