(NAFB.com) – Ending stocks for corn, soybeans, and wheat were left unchanged in the March World Agricultural Supply and Demand Estimates report, called a “non-event” by some analysts. There were no changes to the 2025-2026 U.S. corn outlook relative to last month. The season-average corn price is unchanged at $4.10 per bushel. The biggest change was in global coarse grain production, which was forecast to be 2.7 million tons higher at 1.593 billion. The U.S. soybean supply and use projections included increased imports and crush, and unchanged ending stocks. Soybean imports and crush were raised by five million bushels. The season-average soybean price is unchanged at $10.20 per bushel. There were no changes this month for the 2025-2026 U.S. wheat supply and use categories. The season-average farm price is up a nickel to $4.95 per bushel on NASS prices reported to date and price expectations for the remainder of the year.
