Corn Marketing Overview
United States corn harvest is 76% completed and total supply is predicted to be 427.03 MMTs but is still subject to changes in the July release. Corn yield is estimated at bu/acre on million acres which yields a production of 371.52 MMT. Weekly export sales are currently ahead of the USDA export pace by 0.030000000000001 MMTs. This is in line with the USDA’s current prediction and will likely not change much in the upcoming WASDE report on July 7th, 2020. This week's export sales were on pace with the seasonal average for this week, which didn't affect
Our current prediction for the July WASDE release is for the USDA to decrease corn ending stocks by -0.12 to 45.37 MMT. See our interactive balance sheet to make your own predictions.
Corn Around the World
Corn is an international commodity produced primarily in North and South American and exported to Europe and the Far East. On the world map below, countires highlighed in blue are major importing countires, and countires highlighed in green are major exporting countires. Click on a country to see a country specific breakdown of their corn supply and demand.