This report analyzes key points from the USDA grain performance report released on August 12, 2025.
Global Grain Stock Outlook
Global grain ending stocks are projected at 813.04 million tons, down 8.55 million tons from the previous month's estimate. The breakdown by major grains shows the latest data on production and stock levels for rice, wheat, and corn. Wheat production is particularly expected to reach 749.44 million tons, with detailed analysis compared to the same period last year.
US Major Grain Production Trends
Significant changes in current production volumes have been observed across countries including the US, Brazil, and Argentina for rice, wheat, and other grains. Regional productivity improvements in US domestic grain production and yield fluctuations due to climate change impacts have been reported. These changes are analyzed as important factors affecting global grain supply and demand balance.
Impact on International Grain Markets
This performance report provides detailed coverage of changes in import and export volumes by country, with particular analysis of how the balance between major exporting countries' supply capacity and importing countries' demand trends affects grain price formation. The outlook for grain trade volumes in the 2024-2025 crop year and their impact on international prices are also addressed.
Impact on Japan and Future Outlook
The report touches on how these international grain supply and demand trends affect Japan's food security and agricultural policies, positioning this as particularly important information for Japan, which has high import dependency for feed grains.
The article concludes that this is an important report providing comprehensive analysis of changes in global grain supply and demand balance and their impact on Japan's food security, based on the latest USDA data.