Expectations for a Stronger Year for U.S. Corn

The chief revenue officer at an Ohio based cooperative is expecting a stronger year for the corn market in 2025.

Kirk Roetgerman with Mercer Landmark says it all depends on Brazil’s second crop corn. “What will the yield be of the secondary corn crop that’s getting planted currently in Brazil? That’ll really begin to take off in June, July, and there’s a lot of things that’s happening. If things don’t look quite as good, we could see a nice little uptick of rally on the corn.”

He suggests that this year’s U.S. corn production predictions could help farmers meet global demand.

“If we do plant say 94 million acres this year, that was based on the baseline acreage numbers and we have a trend line yield of 181 or 182 bushels per acre, we’re looking at the largest crop in history coming out of the U.S.”

Roetgerman says limited global supplies should help keep U.S. corn competitive on the global market.

EDITOR’S TAKE:

As is typically the case, Mother Nature holds the ultimate trump card in this scenario. Some weather experts are predicting more drought conditions for much of the Midwest this summer. Similarly, what happens to growing conditions in South America will also play a critical role in determining corn prices in the year ahead. That said, it is good to hear someone with more in-depth expertise suggest that U.S. corn producers could have not only substantial production, but improved prices as well. If production costs remain fairly stable, 2025 could be a very good year for U.S. corn growers. If that happens, they will definitely be looking to take some of those new trucks off your lot. So, be sure to keep your inventory up-to-date on AgTruckTrader.com®.