WASHINGTON, D.C., U.S. — The U.S. Department of Agriculture in its Jan. 12 World Agricultural Supply and Demand Estimates report forecast the carryover of U.S. wheat on June 1, 2018, at 989 million bushels, up 29 million bushels, or 3%, from the December forecast but down 192 million bushels, or 16%, from 1.181 billion bushels in 2017. The increase was based on lower use for seed, feed and residual and higher imports. The carryover of corn on Sept. 1, 2018, was forecast at 2.477 billion bushels, up 40 million bushels, or 1.6%, from December and up 184 million bushels, or 8%, from 2.293 billion bushels in 2017. Soybean carryover on Sept. 1, 2018, was forecast at 470 million bushels, up 25 million bushels, or 6%, from December and up 168 million bushels, or 56%, from 302 million bushels in 2017.
KANSAS CITY, MISSOURI, US — Corn is the top produced crop in the world. Its high starch content and versatility make it useful in hundreds of products such as food and beverages, biodegradable materials, fuel ethanol and especially animal feed.
The US Department of Agriculture’s World Agricultural Supply and Demand Estimates (WASDE) projects the world will produce 1.172 billion tonnes of corn in marketing year 2022-23, of which 183.58 million tonnes will be exported. The WASDE sees individual countries’ domestic feed production using 743.05 million tonnes of corn, and global ending stocks at 304.53 million tonnes.
These are the Top 10 corn producing nations in the world, according to the September WASDE 2022-23 projections.