U.S. principal crop production of corn, soybeans, and wheat for 2025 is forecast at a record 23.25 billion bushels, according to the USDA’s Crop Production report on Monday. Output is estimated to grow by 9 percent from the previous season due to a large increase in corn.

U.S. corn production is estimated to have hit 17 billion bushels this past year, up 14.1 percent and a record. Total production is expected to have exceeded the prior record set in 2023 by 1.7 billion bushels.

Higher acreage and yields both drove the increase. Farmers planted 98.8 million acres of corn this year, according to the USDA. Most corn-growing states saw high year-over-year plantings. The average yield in the U.S. was estimated at a record high of 186.5 bushels per acre (bpa), 7.2 bushels above the 2024 yield of 179.3 bpa.

Record yields were realized in Minnesota, Indiana, North Dakota, South Dakota, Washington, Virginia, and Georgia. Most other states also saw year-over-year increases, though yields were lower than a year ago in Iowa, Illinois, Michigan, and other non-major corn states.

Soybean production in 2025 totaled 4.26 billion bushels, down 3 percent from 2024. Yields were estimated at a record average of 53 bpa, up 2.3 bushels from last season. Harvest acreage offset that increase, with acreage down 7 percent from last year at 80.4 million acres. Texas was the only state with increased planted acreage this year. Midwestern states heavily reduced soybean acreage, while states in the Delta significantly reduced soybean plantings.

Iowa, Minnesota, Wisconsin, Nebraska, and Kansas saw record yields this past season. Other states like North Dakota, Illinois, and Michigan saw lower yields on average.

Wheat production, which was already finalized in previous reports, totaled 1.985 billion bushels, up about 0.5 percent from the previous year.

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PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. FUTURES TRADING INVOLVES SUBSTANTIAL RISK AND IS NOT SUITABLE FOR ALL INVESTORS.