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Harvest projections for the world's major corn and soybean producers - 2026/27 season versus 2025/26 season - last updated: July 10, 2026. Prepared by 333 Latin America with data from FAS - USDA.

USDA corn and soybean projections for 2026/2027 – July 2026

23-Jul-2026

In its latest update, the global corn balance has been revised to reflect production cuts in the United States and Argentina, reducing exports and ending stocks, while China is gaining ground as a buyer of Argentine corn and reshaping South American trade flows. In contrast, soybeans continue to show strong growth, supported by robust production in Brazil and the United States—which offsets Argentina's slowdown—with Chinese demand further fueling this momentum by driving soybean processing in Brazil.

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