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Maize (Corn) News - WASDE report on corn
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WASDE report on corn

As per November outlook, the U.S. corn projection for 2022–2023 predicts increased output, expanded feed and residual use, and increased ending stocks. On a 0.4-bushel increase in yield to 172.3 bushels per acre, corn production is predicted to reach 13.930 billion bushels, an increase of 35 million from last month. Corn ending stocks have increased by 10 million bushels because supply has increased faster than consumption. Lower foreign corn output is anticipated as rises in Angola, Mali, Pakistan, Turkey, and Senegal somewhat balance reductions in the EU, South Africa, Philippines, and Nigeria. For Vietnam, Algeria, and Turkey, corn imports are reduced.