# Lower grain output, stronger exports tighten U.S. feed stocks | Feed & Grain

> USDA's August 2026 Feed Outlook projects U.S. feed grain ending stocks at 44.4 million metric tons for 2026/27, down 7.9 million from 2025/26. Sorghum production fell 22 percent on Plains drought and heat, and stronger export demand is tightening supplies. Corn and sorghum prices were cited at $4.50 and $4.30 per bushel.

- Date: 2026-08-17 · published 2026-08-17T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/17968-lower-grain-output-stronger-exports-tighten-u-s-feed-stocks-feed-and-grain
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Sorghum](https://feedsoft.ai/c/SORGHUM.md)

## Why it matters

Tighter U.S. feed grain ending stocks and lower supply-to-use ratios support corn and sorghum prices, which raises feed costs for buyers. Lower sorghum output also narrows the substitution cushion against corn.

## Read by commodity

- CORN: bullish ▲
- SORGHUM: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2024-12-10 | [USDA forecasts lower US wheat stocks, raises corn exports in latest WASDE report \| Feed & Grain](https://feedsoft.ai/events/26902-usda-forecasts-lower-us-wheat-stocks-raises-corn-exports-in-latest-wasde-report.md) | +1.6% | +2.9% |
| CORN | 2020-09-30 | [Corn, soy, wheat surge on lower-than-expected U.S. grain stocks \| Financial Post](https://feedsoft.ai/events/8786-corn-soy-wheat-surge-on-lower-than-expected-u-s-grain-stocks-financial-post.md) | +1.5% | +11.3% |
| CORN | 2024-05-02 | [Setting the Record Straight on Ukraine’s Grain Exports](https://feedsoft.ai/events/14303-setting-the-record-straight-on-ukraine-s-grain-exports.md) | +0.9% | +5.7% |
| CORN | 2017-12-12 | [U.S. soybean, wheat ending stocks seen up as exports fall - Grainews](https://feedsoft.ai/events/67417-u-s-soybean-wheat-ending-stocks-seen-up-as-exports-fall-grainews.md) | +1.9% | +2.2% |
| CORN | 2026-10-01 | [COCERAL lowers EU grain output forecast](https://feedsoft.ai/events/17429-coceral-lowers-eu-grain-output-forecast.md) | -1.4% | -6.4% |

## Sources

- feedandgrain.com: https://www.feedandgrain.com/grain-supply-chain/grain-trade-export/news/15832613/lower-grain-output-stronger-exports-tighten-us-feed-stocks

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