Record crop revised lower

Third-largest corn crop also anticipated

Government plans another ban on imports from Russia

Expected to be up 9% from 10-year average

Carryover at 828 million bushels

Nation remains second largest supplier but faces competition

FAS: Desire for flour-based foods, feed mills drive consumption

Wheat and corn output seen declining in 2024-25

FAS: Impact of El Niño fades for 2024-25

Farmers are switching to more profitable crops