(NAFB.com) – The latest World Ag Supply and Demand Estimates report for June says the 2025-2026 U.S. corn outlook didn’t change much from last month. The numbers did show lower beginning and ending stocks, while corn area and yield forecasts were unchanged. USDA will release its survey-based Acreage Report on June 30. The season-average farm price received by producers is unchanged at $4.20 per bushel. U.S. soybean supply, use, and price projections are unchanged this month. The U.S. season-average soybean price is forecast at $10.25 a bushel. The U.S. wheat outlook this month is for slightly larger supplies, unchanged domestic use, higher exports, and lower ending stocks. All wheat production is projected at 1.921 million bushels, up 115,000 from last month. The all-wheat yield forecast is virtually unchanged at 51.6 bushels an acre. The projected 2025-2026 season average farm price is 10 cents higher at $5.40 on the reduced ending stocks.
