Higher corn yield forecast pressures prices, NCGA calls for action
Source: By NAFB • Posted: Tuesday, October 13, 2026
The USDA’s October supply and demand report raised its forecast for 2026 corn yields by 2.7 bushels per acre, sending corn prices lower following the release. National Corn Growers Association President Matt Frostic says the price drop adds pressure to farmers already dealing with high production costs, including diesel fuel and fertilizer. Frostic is urging Congress to prioritize passage of year-round E15 legislation and a new farm bill when lawmakers return to Washington in November.
He says both measures could help support corn demand and provide greater certainty for farm programs as growers work through a difficult economic year. Beyond year-round E15, NCGA is also pursuing longer-term demand opportunities in maritime fuel and sustainable aviation fuel. Frostic says the organization is ready to work with the Trump administration, elected officials, and industry partners to strengthen U.S. corn and ethanol competitiveness in global markets.