See the latest Corn and Other Feedgrains Outlook report.
2024/25 U.S. Coarse Grains Output Is Lowered on Reduced Sorghum Yields
This month’s 2024/25 U.S. coarse grain production forecast is lowered by 1.1 million tons to 396.4 million. Despite a 1 percent decline in harvested corn area, yield gains boost corn production prospects by 47 million bushels. The 2024/25 season’s first survey-based corn yield forecast is 2.1 bushels per acre higher than last month’s projection at 183.1 bushels per acre. However, a 94-million-bushel reduction to the 2024/25 sorghum output forecast more than offsets gains in corn output. The decrease in sorghum output is attributed to a lower yield forecast, which now sits at 52.9 bushels per acre. A slight reduction to barley area is offset by an increase in yields to 79.1 bushels per acre from 74.2 bushels per acre, resulting in a relatively unchanged barley production forecast. A higher 2024/25 oats yield forecast (on unchanged) area raises supplies by 6 million bushels.
Global coarse grain production for 2024/25 is projected down 8.1 million tons this month, to 1,504.3 million tons. Foreign coarse grain production for 2024/25 (global minus U.S. output) is projected 6.9 million tons lower at 1,107.9 million tons—with reduced corn, oats, rye, and barley (slightly reduced). Although global coarse grain supplies are lower this month, a greater reduction-to-use expectations brings ending stocks lower than last month’s projection.
