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Record U.S. Corn Crop Weighs on Price; Soybean Exports Remain Weak

By Heidi Gant

The latest World Agricultural Supply and Demand Estimates (WASDE) report provided by the U.S. Department of Agriculture (USDA) was released yesterday, providing insight into the final production estimate from the 2025 crop.

Indiana Farm Bureau’s Chief Economist Todd Davis analyzed the data to highlight the most impactful information Hoosier farmers need to know, including what record yields for both corn and soybeans mean for the coming year.

“On the demand side for corn, we’re looking at a carry out of 2.2 billion bushels, which is a 44% increase from last year,” said Davis. “That’s a pretty large amount of corn in the bins.”

Corn and soybean prices continue to decline from 2022 levels by $2.44 per bushel for corn and $4 per bushel for soybeans. Tight and negative profit margins continue for Indiana farmers, contributing to financial stress.

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Democratizing Gene Editing - Pairwise’s Vision for the Future of Agriculture

Video: Democratizing Gene Editing - Pairwise’s Vision for the Future of Agriculture

Pairwise has built its business around an idea that runs counter to how many companies approach innovation: make transformative technology easier to access.

In this Seed World interview, CEO Tom Adams discusses why broader access to gene editing could speed crop improvement, expand innovation opportunities and help agriculture address emerging challenges. He explains why Pairwise believes no single company can solve all of agriculture's problems alone—and why making advanced breeding technologies available to more organizations could accelerate progress across the industry.

The conversation explores how consumer trust influences technology adoption, why innovations like pitless cherries and seedless blackberries matter beyond convenience, and how future crop improvements could help address labor shortages, automation, harvest efficiency and other production challenges. Adams also shares his perspective on what the industry may be underestimating about the next wave of gene editing innovation.

Watch the full interview to hear why Pairwise believes agriculture is approaching an important inflection point for gene editing, and why the pace of innovation over the next decade could surprise the industry.

Topics Covered:

o Democratizing agricultural innovation

o Consumer trust and technology adoption

o The business case for sharing innovation

o Expanding innovation beyond major crops

o Next-generation breeding technologies