The International Grains Council on Thursday maintained its forecast for 2025/26 global corn production with a slightly improved outlook for crops in the United States offset by downward revisions for Hungary and Romania.
Larger U.S. crop offset by reductions elsewhere
USDA report, trade tensions pressure markets
Corn/soybean yields unchanged
Seasonal weakness, rains pressure barley
Midwestern conditions favourable
Some areas receive deluge; others still dry
But imports drop over last two years
Area, stocks reports have little influence
Quarterly stocks data also out