Commodities
USDA Forecasts Near-Record Corn Levels Amid Sorghum Decline
The US Department of Agriculture (USDA) has released its projections for corn and sorghum production in 2026. According to the USDA, corn production is expected to reach near-record levels, while sorghum production will decline significantly.
The data suggests that corn production will be boosted by favorable weather conditions, leading to a bumper crop. In contrast, sorghum yields are likely to suffer due to drought and heat stress.
These projections have implications for the ethanol industry, which relies heavily on corn as a feedstock. As demand for biofuels continues to grow, farmers may need to adjust their planting decisions to meet this demand.