# Breaking Down 5 Projections in the USDA 2024 Corn Outlook

> USDA's Grains and Oilseeds Outlook projects 2024/25 corn yield at 181 bushels per acre, with planted area at 91.0M acres and harvested area at 83.1M acres. The outlook also forecasts lower production, higher domestic use, increased exports and higher ending stocks versus 2023/24.

- Date: 2024-02-01 · published 2024-02-01T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/13208-breaking-down-5-projections-in-the-usda-2024-corn-outlook
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Higher projected demand and exports combined with lower production point to tighter balance sheets, which is supportive for corn prices, though ending stocks rising offsets some of that.

## Read by commodity

- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2025-05-13 | [May 2025 WASDE - US Corn Production Exceeds Projection from USDA Outlook Forum](https://feedsoft.ai/events/24610-may-2025-wasde-us-corn-production-exceeds-projection-from-usda-outlook-forum.md) | +2.3% | -0.9% |
| CORN | 2020-11-10 | [USDA reduces 2020 corn, soybean projections](https://feedsoft.ai/events/12427-usda-reduces-2020-corn-soybean-projections.md) | +9.7% | +8.7% |
| CORN | 2021-01-12 | [USDA: corn, soybean production up in 2020 - Brownfield Ag News](https://feedsoft.ai/events/49002-usda-corn-soybean-production-up-in-2020-brownfield-ag-news.md) | +5.8% | +11.6% |
| CORN | 2025-01-15 | [Corn production slashed, sorghum rises in latest USDA Feed Outlook \| Feed & Grain](https://feedsoft.ai/events/26568-corn-production-slashed-sorghum-rises-in-latest-usda-feed-outlook-feed-and-grain.md) | +2.0% | +2.6% |
| CORN | 2024-07-12 | [USDA Hikes Corn Production, but Lowers 2024-25 Corn Ending Stocks](https://feedsoft.ai/events/29201-usda-hikes-corn-production-but-lowers-2024-25-corn-ending-stocks.md) | -2.4% | -2.7% |

## Sources

- ncga.com: https://ncga.com/stay-informed/media/the-corn-economy/article/2024/02/breaking-down-5-projections-in-the-usda-2024-corn-outlook

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.