U.S. farmers are likely to harvest another record corn crop in 2025, but with demand struggling to keep pace, market analysts warn that bin-busting yields may drive prices below the cost of production rather than boost farm income.

“We’re looking at the potential this year’s corn crop coming in at record levels,” said Chad Hart, Iowa State University (ISU) agricultural economist. “In fact, not only a record, but a record by over 350 million bushels.”

U.S. corn production for 2025 is projected to reach 15.705 billion bushels, driven by planted acreage that topped 95.2 million — up from 90.6 million acres in 2024. The U.S. Department of Agriculture (USDA) projects the national...