This episode presents a detailed overview of key movements in the global maize market, reflecting strategic procurement decisions, shifting production outcomes, and evolving export policies.
- South Korea has expanded its strategic corn reserves by acquiring 65,000 tons of feed corn from the Mitsui Trading House through the Feed Leaders Committee. The deal, priced at $226.005 per ton plus a repurchase buffer, will be fulfilled between October and November with shipments originating from the United States, Mexico, Western America, and Southern Africa. This procurement underscores South Korea’s effort to diversify its supply base.
- Ukraine's maize sector shows uneven performance. The Mykolaiv region reports sharp harvest losses due to poor rainfall, causing corn output to fall 63.5 percent year over year to 15.5 million tons. Conversely, Kherson is seeing improved yields thanks to restored irrigation infrastructure, illustrating the regional disparity in agricultural outcomes and their influence on domestic and global markets.
- Zambia has authorized the export of 500,000 tons of surplus maize following a strong harvest season driven by effective policies and favorable weather. The move supports the country’s goal of bolstering foreign exchange reserves and establishing itself as a key food supplier in the region. Prioritizing smallholder farmer participation in exports is central to the government's inclusive strategy.
- In the United States, maize crop conditions dipped slightly, with 72 percent rated good to excellent, though still above last year’s figures. Spring wheat harvesting lags behind the five-year average, adding some uncertainty to overall grain projections.
- Brazil's Mato Grosso region saw maize exports hit 1.18 million tons in July 2025. While lower than last year, the figure reflects accelerated harvesting and a need to clear storage facilities. Rising U.S. output is expected to challenge Brazil’s export momentum. Domestically, Brazil is progressing well, with 80 percent of its corn crop already harvested.
