(NAFB.com) – The USDA’s World Agricultural Supply and Demand Estimates report shows the 2025-2026 U.S. corn outlook is for greater exports and lower ending stocks. Exports were raised 100 million bushels to 3.3 billion, reflecting sales and shipments to date. However, with no supply changes and use rising, corn ending stocks dropped by 100 million bushels to 2.1 billion. The season-average corn price is unchanged at $4.10 per bushel. The U.S. soybean supply and use projections are unchanged this month. The season-average soybean price is projected to be unchanged at $10.20 per bushel. The report said China is considering buying more U.S. soybeans in the months ahead. The wheat outlook calls for unchanged supplies, modestly lower domestic use, unchanged exports, and slightly higher ending stocks, which were raised to 931 million bushels, nine percent higher than last year. The projected 2025-2026 season-average farm price remains at $4.90 per bushel.
