--- title: Market players expect US corn output to decline slightly against the previous month description: A significant diplomatic breakthrough appears to have occurred at the Three Seas Initiative Summit in Bucharest on 7th September...One of the most notable outcomes of the meeting was Ukraine's alleged initiation of agricultural exports from Croatian ports.. image: https://www.mintecglobal.com/hubfs/maize-Sep-11-2023-03-25-44-8568-PM.jpg --- [![Mintec_by_expana_white](https://www.mintecglobal.com/hs-fs/hubfs/Mintec_Logo_Small_Use_Reversed_RGB-3.png?width=145&height=55&name=Mintec_Logo_Small_Use_Reversed_RGB-3.png "Mintec_by_expana_white")](https://www.mintecglobal.com) [![Mintec_by_expana_dark](https://www.mintecglobal.com/hs-fs/hubfs/Mintec_Logo_Small_Use_Mono_RGB%20(2).png?width=145&height=54&name=Mintec_Logo_Small_Use_Mono_RGB%20(2).png "Mintec_by_expana_dark")](https://www.mintecglobal.com) - ![Flags](https://cdn2.hubspot.net/hubfs/4080606/flag-button-round-250.png) ** - [![Dutch](https://f.hubspotusercontent00.net/hubfs/4080606/dutch-01-1.png)](https://translate.google.com/translate?hl=&sl=en&tl=nl&u=www.mintecglobal.com) - [![Finnish](https://f.hubspotusercontent00.net/hubfs/4080606/Finnish-01.png)](https://translate.google.com/translate?hl=&sl=en&tl=fi&u=https%3A%2F%2Fwww.mintecglobal.com) - [![French](https://cdn2.hubspot.net/hubfs/4080606/France-1.png)](https://www.mintecglobal.com/french) - [![German](https://cdn2.hubspot.net/hubfs/4080606/Germany-1.png)](https://translate.google.com/translate?hl=&sl=en&tl=de&u=www.mintecglobal.com) - [![Italian](https://cdn2.hubspot.net/hubfs/4080606/Italy-1.png)](https://www.mintecglobal.com/italia) - [![Norwegian](https://f.hubspotusercontent00.net/hubfs/4080606/Norway-01.png)](https://translate.google.com/translate?hl=&sl=en&tl=no&u=www.mintecglobal.com) - [![Portuguese](https://f.hubspotusercontent00.net/hubfs/4080606/portugal-01.png)](https://www.mintecglobal.com/portugal) - [![Russian](https://f.hubspotusercontent00.net/hubfs/4080606/russian-01.png)](https://translate.google.com/translate?hl=&sl=en&tl=ru&u=www.mintecglobal.com) - [![Spanish](https://cdn2.hubspot.net/hubfs/4080606/Spain.png)](https://www.mintecglobal.com/espana) - [![Swedish](https://f.hubspotusercontent00.net/hubfs/4080606/swedish-01.png)](https://translate.google.com/translate?hl=&sl=en&tl=sv&u=www.mintecglobal.com) - [![SIGN IN](https://no-cache.hubspot.com/cta/default/4080606/3a597199-6ead-499b-8311-0bd6a6ba4204.png)](https://cta-redirect.hubspot.com/cta/redirect/4080606/3a597199-6ead-499b-8311-0bd6a6ba4204) - [![GET STARTED](https://no-cache.hubspot.com/cta/default/4080606/885beebf-1311-41e6-90cc-01c1a0614f69.png)](https://cta-redirect.hubspot.com/cta/redirect/4080606/885beebf-1311-41e6-90cc-01c1a0614f69) [![Mintec_by_expana_white](https://www.mintecglobal.com/hs-fs/hubfs/Mintec_Logo_Small_Use_Reversed_RGB-3.png?width=145&height=55&name=Mintec_Logo_Small_Use_Reversed_RGB-3.png "Mintec_by_expana_white")](https://www.mintecglobal.com) [![Mintec_by_expana_dark](https://www.mintecglobal.com/hs-fs/hubfs/Mintec_Logo_Small_Use_Mono_RGB%20(2).png?width=145&height=54&name=Mintec_Logo_Small_Use_Mono_RGB%20(2).png) ](https://www.mintecglobal.com/) - EN ** - [NL](https://translate.google.com/translate?hl=&sl=en&tl=nl&u=www.mintecglobal.com) - [FI](https://translate.google.com/translate?hl=&sl=en&tl=fi&u=https%3A%2F%2Fwww.mintecglobal.com) - [FR](https://translate.google.com/translate?hl=&sl=en&tl=fr&u=www.mintecglobal.com) - [DE](https://translate.google.com/translate?hl=&sl=en&tl=de&u=www.mintecglobal.com) - [IT](https://translate.google.com/translate?hl=&sl=en&tl=it&u=www.mintecglobal.com) - [NO](https://translate.google.com/translate?hl=&sl=en&tl=no&u=www.mintecglobal.com) - [PT](https://translate.google.com/translate?hl=&sl=en&tl=pt&u=www.mintecglobal.com) - [RU](https://translate.google.com/translate?hl=&sl=en&tl=ru&u=www.mintecglobal.com) - [ES](https://translate.google.com/translate?hl=&sl=en&tl=es&u=www.mintecglobal.com) - [SV](https://translate.google.com/translate?hl=&sl=en&tl=sv&u=www.mintecglobal.com) - [![SIGN IN](https://no-cache.hubspot.com/cta/default/4080606/3a597199-6ead-499b-8311-0bd6a6ba4204.png)](https://cta-redirect.hubspot.com/cta/redirect/4080606/3a597199-6ead-499b-8311-0bd6a6ba4204) - [![GET STARTED](https://no-cache.hubspot.com/cta/default/4080606/885beebf-1311-41e6-90cc-01c1a0614f69.png)](https://cta-redirect.hubspot.com/cta/redirect/4080606/885beebf-1311-41e6-90cc-01c1a0614f69) ![](https://px.ads.linkedin.com/collect/?pid=1609690&fmt=gif) # Market players expect US corn output to decline slightly against the previous month [back to insight ](https://www-mintecglobal-com.sandbox.hs-sites.com/our-insight-2018) September 11, 2023 1 mins read In the last few weeks, there have been no significant movements in the grain market as market players are waiting for the September WASDE report estimates, which will be published on Tuesday, 12th September 2023. Market players report that this month's report release will serve as a crucial price determinant in the short term. Currently, market players are focused on the weather outcomes across regions (EU, the US, Australia and Argentina) and geopolitical events in the Black Sea. Market analysts expect that the USDA will most likely trim its US corn production to 381,200 million mt versus 383,832 million mt the previous month, down 0.7% month-on-month (m-o-m). The decline in production is driven by continued hot and dry weather that has already left the US corn crop rating the lowest since 2012 (53% good-to-excellent conditions). Some market players have adjusted lower US corn yield expectations to 10.89 mt/ha versus 10.99 mt/ha the previous month, down 0.9% m-o-m, and should the adverse weather persist, further decline could be anticipated which could tighten the balance sheet and lead to upward price pressure. Nevertheless, the expected yield losses should be somewhat offset by higher acreages. Topics: [Grains & Feed](https://www.mintecglobal.com/top-stories/tag/grains-feed) ![Zanna Aleksahhina](https://www.mintecglobal.com/hubfs/Photo%20Zanna%20Aleksahhina%20(002).jpg) Zanna Aleksahhina [## PRICE FORECASTING ## ![Mintec_logo_secondary_light](https://www.mintecglobal.com/hs-fs/hubfs/Redesign2018/Logos/Mintec_logo_secondary_light.png?width=120&name=Mintec_logo_secondary_light.png) Strengthen your buying strategy, control exposure to price risk Deliver future price predictions and hedging recommendations, by identifying key turning points and commodity trends.   LEARN MORE ](https://www.mintecglobal.com/forecasting) #### /You May Also Like ![Featured Image](https://www.mintecglobal.com/hubfs/Trade%20boat%20at%20the%20port%20of%20Miami-1.jpeg) [ANALYSIS: Black Sea Wheat Exports Face Logistical and Weather Challenges](https://www.mintecglobal.com/top-stories/analysis-black-sea-wheat-exports-face-logistical-and-weather-challenges) Grain markets in the Black Sea region are entering the second half of... January 27, 2026 ![Featured Image](https://www.mintecglobal.com/hubfs/Wheat%20field-Jan-19-2026-11-37-44-9508-AM.jpeg) [ANALYSIS: Euronext wheat slides as USDA reinforces global supply surplus](https://www.mintecglobal.com/top-stories/analysis-euronext-wheat-slides-as-usda-reinforces-global-supply-surplus) Euronext milling wheat futures extended losses over the past week,... January 19, 2026 ###### PLATFORM ## Mintec Analytics The spend intelligence you need, about the food products you buy, all in one place.  [![FREE TRIAL](https://no-cache.hubspot.com/cta/default/4080606/9e6aba24-3280-4c09-b0f8-14b8b3680071.png)](https://cta-redirect.hubspot.com/cta/redirect/4080606/9e6aba24-3280-4c09-b0f8-14b8b3680071) ![](https://px.ads.linkedin.com/collect/?pid=1609690&fmt=gif) CONTACT DETAILS - UK +44 1628 642498  - USA +1 732 240 5330 - ![LinkedIn logo](https://www.mintecglobal.com/hubfs/2019%20Mintech%20websites/Images/Header/linkdin.svg) [Mintec Ltd](https://www.linkedin.com/company/mintec-ltd/) HEAD QUARTERS Gloucester House Unit Q, Bourne End Business Park, Bourne End, SL8 5AS UK CONTACT DETAILS - ![envelope email](https://www.mintecglobal.com/hubfs/2019%20Mintech%20websites/Images/Header/mail%20icon.svg)[ sales@mintecglobal.com](mailto:sales@mintecglobal.com) - ![envelope email](https://www.mintecglobal.com/hubfs/2019%20Mintech%20websites/Images/Header/mail%20icon.svg)[ pra@mintecglobal.com](mailto:pra@mintecglobal.com) - ![envelope email](https://www.mintecglobal.com/hubfs/2019%20Mintech%20websites/Images/Header/mail%20icon.svg)[ support@mintecglobal.com](mailto:support@mintecglobal.com) -   - ![LinkedIn logo](https://www.mintecglobal.com/hubfs/2019%20Mintech%20websites/Images/Header/linkdin.svg) [Mintec Ltd](https://www.linkedin.com/company/mintec-ltd/) - ![Twitter logo](https://www.mintecglobal.com/hubfs/2019%20Mintech%20websites/Images/Header/twitter%20icon.svg) [@MintecLimited](https://twitter.com/MintecLimited)   ##### ** NEW YORK         •         LONDON         •         PARIS         •         COPENHAGEN **** **     - ![European Business Awards logo](https://www.mintecglobal.com/hubfs/EBA-1.svg) - ![FDA_a](https://www.mintecglobal.com/hubfs/FDA_a.svg) - ![WPA-2](https://www.mintecglobal.com/hubfs/WPA-2.svg) - ![WPA_US](https://www.mintecglobal.com/hubfs/WPA_US.svg) - ![ISO](https://www.mintecglobal.com/hubfs/ISO.svg) - ![iosco badge3](https://www.mintecglobal.com/hubfs/iosco%20badge3.svg)     ##### ** NEW YORK LONDON ****PARIS COPENHAGEN **** **     - [Cookie Policy](https://www.mintecglobal.com/cookie-policy) | - [Privacy Statement](https://www.expanamarkets.com/wp-content/uploads/2025/10/Privacy-Policy-November-2025_FINAL.pdf?utm_source=mintec&utm_medium=referral&utm_campaign=always-on-mintec-referral) | - [Terms & Conditions |](https://www.mintecglobal.com/terms-and-conditions) - [Modern Slavery Statement](https://www.expanamarkets.com/wp-content/uploads/2025/09/Modern-Slavery-Statement-SEPT-2025.pdf?utm_source=mintec&utm_medium=referral&utm_campaign=always-on-mintec-referral) Copyright © 2026 Mintec Limited - [Cookie Policy](https://www.mintecglobal.com/cookie-policy) | - [Privacy Statement](https://www.expanamarkets.com/wp-content/uploads/2025/10/Privacy-Policy-November-2025_FINAL.pdf?utm_source=mintec&utm_medium=referral&utm_campaign=always-on-mintec-referral) | - [Terms & Conditions |](https://www.mintecglobal.com/terms-and-conditions) - [Modern Slavery Statement](https://www.expanamarkets.com/wp-content/uploads/2025/09/Modern-Slavery-Statement-SEPT-2025.pdf?utm_source=mintec&utm_medium=referral&utm_campaign=always-on-mintec-referral) Copyright © 2026 Mintec Limited