Home / Business and Economy / Corn Yields Drop: Production Sees Significant Cut
Corn Yields Drop: Production Sees Significant Cut
12 Sep
Summary
- US corn yield decreased by 2.2 bpa to 178.5 bpa.
- Production was reduced by 213 million bushels to 15.8 billion.
- Mexico purchased 264,000 MT of corn for 2026/27 shipment.
US corn yield estimates have been revised downward, with the National Agricultural Statistics Service (NASS) reporting a decrease of 2.2 bushels per acre, bringing the average yield to 178.5 bushels per acre. This adjustment aligns with trade expectations.
Overall corn production has been reduced by 213 million bushels from August figures, now standing at 15.8 billion bushels. This reduction is partly due to a decrease of 87,000 harvested acres, bringing the total to 85.506 million acres.
The World Agricultural Outlook Board has lowered new crop corn carryout by 86 million bushels to 1.567 billion bushels, influenced by production adjustments and lower feed/residual use. Old crop ending stocks were also reduced by 23 million bushels.
Internationally, world ending stocks for 2025/26 are projected to be 2.55 million metric tons higher, reaching 301.38 MMT, driven by an increase in Brazilian production. Conversely, new crop world carryout is expected to decrease by 2.55 MMT to 272.10 MMT.
In recent export news, USDA reported a private sale of 264,000 metric tons of corn to Mexico for 2026/27 shipment. Additionally, export sales data for the week of September 3rd showed stronger-than-expected old crop sales and robust new crop sales, totaling 1.929 million metric tons.
