# Economic downturn in US coarse grains market | Feed & Grain

> USDA's Economic Research Service November Feed Outlook cut the 2024/25 U.S. corn yield to 183.1 bushels per acre, lowering production by 60 million bushels to 15.1 billion. Sorghum production rose, but total coarse grain supplies were reduced. Corn supplies are still expected to exceed last year's by nearly 200 million bushels.

- Date: 2024-11-14 · published 2024-11-14T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/27467-economic-downturn-in-us-coarse-grains-market-feed-and-grain
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Sorghum](https://feedsoft.ai/c/SORGHUM.md)

## Why it matters

Lower corn yields tighten U.S. feed grain supplies, supporting corn and feed prices, though the carryover remains large relative to last year.

## Read by commodity

- CORN: bullish ▲
- SORGHUM: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2022-01-21 | [Grain market review: Coarse grains prices mixed \| World Grain](https://feedsoft.ai/events/43195-grain-market-review-coarse-grains-prices-mixed-world-grain.md) | +1.4% | +6.9% |
| CORN | 2020-12-03 | [USDA Grain Stocks & WASDE Shock Markets \| Feed & Grain](https://feedsoft.ai/events/49679-usda-grain-stocks-and-wasde-shock-markets-feed-and-grain.md) | +0.0% | +3.9% |
| CORN | 2020-12-03 | [Markets Unable to Hold Overnight Gains \| Feed & Grain](https://feedsoft.ai/events/49626-markets-unable-to-hold-overnight-gains-feed-and-grain.md) | +0.0% | +3.9% |
| CORN | 2021-03-01 | [Economic Outlook: 2021 Corn Market Forecast - Corn South](https://feedsoft.ai/events/48142-economic-outlook-2021-corn-market-forecast-corn-south.md) | +0.6% | +5.4% |
| CORN | 2021-01-26 | [Ag Markets Continue to Rebound Higher \| Feed & Grain](https://feedsoft.ai/events/49075-ag-markets-continue-to-rebound-higher-feed-and-grain.md) | +5.1% | +1.5% |

## Sources

- feedandgrain.com: https://www.feedandgrain.com/grain-handling-processing/grain-merchandising/news/15708306/economic-downturn-in-us-coarse-grains-market

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