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USDA's July 2025 Feed Outlook cuts 2025/26 corn production by 115 million bushels and trims stocks, with record corn exports forecast at 2.75 billion bushels. Sorghum harvested area fell 365,000 acres and demand is weak, while barley and oats supplies are mixed.
A tighter corn balance sheet and record exports support corn prices, while weak sorghum demand keeps sorghum values under pressure for feed users.
swineweb.comJim EadieJul 24, 2025After 1,040 past bullish report events, Corn moved a median +0.5% over 5 sessions (62% higher; middle half -0.9% to +2.0%), and +0.8% over 20.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
After 35 past neutral report events, Oats moved a median +0.2% over 5 sessions (51% higher; middle half -1.9% to +2.5%), and -1.2% 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.
