WASHINGTON — There has been very little change in the USDA’s estimates for 2024/2025 corn production, there was a slight downward estimate from the agency National Agricultural Statistics Service in November bringing the forecast to 183.1 bushels per acre, which is 3 percent more than the same time last year.
The NASS adds that with almost 4 million acres less, this led to the corn production estimate of 15.1 billion bushels for the year, which is almost 200 million bushels less than last year. But with beginning stocks for 2024/2025 being higher the corn supply forecast. . .
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