INFB Chief Economist Shares Results from Long-Awaited Crop Report

Nov 18, 2025

After the longest government shutdown in history, the U.S. Department of Agriculture (USDA) released a long-awaited World Agricultural Supply and Demand Estimates (WASDE) report earlier today.

The November report provides a needed update on the size of the 2025 crops, as well as export projections. Indiana Farm Bureau’s Chief Economist Dr. Todd Davis published his analysis on the data saying, “This has not been a normal marketing year, so these reports have huge impacts on markets and the decisions farmers are making.”

According to Davis, the corn crop nationally is about 12% larger than last year which will end up being a record at 16.75 billion bushels. For Indiana, although the corn yield will be record-setting, the size of the crop is expected to be right on par with September predictions.

“Corn’s problem is that demand is not going to keep pace with supply, but export projections for corn have been a bright star,” said Davis. “The 2025 export estimates will be even larger at 8% over 2024 numbers.”

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Video: The Corn Looks Good!

Border View Farms is a mid-sized family farm that sits on the Ohio-Michigan border. My name is Nathan. I make and edit all of the videos posted here. I farm with my dad, Mark and uncle, Phil. We also have a part-time employee, Brock. My dad started the farm in 1980. Since then we have grown the operation from just a couple hundred acres to over 3,000. Watch my 500th video for a history of our farm I filmed with my dad.

I started making these videos in the fall of 2019 as a way to help show what I do on a daily basis as a farmer. Agriculture is different from any other industry and I believe the more people that are showing their small piece of agriculture, helps to build our story. We face unique challenges and stressful situations but have some of the most rewarding payoffs in the end. I get to spend everyday doing what I love, raising my kids on the farm, and trying to push our farm to be better every year. I hope that I can address questions or concerns that you might have about farms and agriculture.

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