(NAFB.com) – In the first set of government estimates since September, Friday’s much-anticipated World Agricultural Supply and Demand Estimate, or WASDE, Report offered mixed outlooks for major U.S. crops, trimming projected corn and soybean yields while leaving wheat production unchanged. USDA lowered the national corn yield to 186 bushels per acre, slightly reducing 2025-26 production to 16.75 billion bushels. Exports were raised to 3.08 billion bushels, lifting ending stocks to 2.15 billion. The average farm price rose to $4 a bushel. Soybean yield was cut to 53 bushels per acre, pulling production down to 4.25 billion bushels. USDA reduced export estimates to 1.64 billion bushels and projected ending stocks at 290 million. The farmgate price increased to $10.50 per bushel. Wheat production held steady at 1.99 billion bushels, but USDA raised ending stocks to 901 million. The average price slipped to $5 a bushel. Globally, USDA boosted wheat and corn beginning stocks while trimming soybean supplies, and raised production estimates for Argentina, Australia and Russia.