USDA – Grain: World Markets and Trade, Sep 2025
Summary
The main topic of the report concerns global grain markets and trade, with a focus on U.
S. corn exports. In 2024/25, U.S. corn exports are forecast at a record 71.7 million tons, surpassing the previous record set in 2020/21. Major export destinations include Mexico, Japan, Colombia, and South Korea. U.S. corn production in 2025/26 is projected to reach an unprecedented 427 million tons, supporting another record export forecast of 75.0 million tons.
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