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USDA Report: Corn Up, Soybeans Down, Wheat Stocks Rise

5/14/2025

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Summary

Story summary

The USDA's WASDE report predicts a 6.4% increase in US corn production for 2025/26, reaching 15.8 billion bushels.
US soybean production is projected to decrease to 4.34 billion bushels, with ending stocks dropping to 295 million.
Wheat ending stocks are expected to rise by 82 million bushels to 923 million, despite lower domestic production.
Global soybean production is forecasted to grow by 1.4%, with a slight increase in wheat ending stocks.

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Story summary

The USDA's WASDE report predicts a 6.4% increase in US corn production for 2025/26, reaching 15.8 billion bushels.
US soybean production is projected to decrease to 4.34 billion bushels, with ending stocks dropping to 295 million.
Wheat ending stocks are expected to rise by 82 million bushels to 923 million, despite lower domestic production.
Global soybean production is forecasted to grow by 1.4%, with a slight increase in wheat ending stocks.