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The International Grains Council raised its 2025-26 world maize production forecast by 23 million tonnes month on month to a record 1.299 billion tonnes, mainly on higher US acreage and yield. It also projects record world wheat output of 811 million tonnes and a record soybean crop of 430 million tonnes, with a slightly reduced US soybean outlook.
Total grains consumption is expected to reach a record 2.391 billion tonnes.
A larger US and world maize crop adds bearish pressure on corn prices and export competition, while record consumption limits the downside. Tight ending stocks mean the price effect is moderated.
world-grain.comArvin DonleyAug 21, 2025After 1,102 past bearish report events, Corn moved a median -0.2% over 5 sessions (47% higher; middle half -1.8% to +1.3%), and +0.0% over 20.
After 1,006 past bearish report events, Wheat (SRW) moved a median +0.0% over 5 sessions (50% higher; middle half -1.6% to +1.8%), and +0.3% over 20.
After 563 past neutral report events, Soybeans moved a median -0.1% over 5 sessions (48% higher; middle half -1.7% to +1.6%), and -0.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
