Pro Farmer/News/Agriculture News

Report Snapshot | Corn, soybean ending stocks below average pre-report estimates

Soybean ending stocks for 2025-26 were unchanged, while corn ending stocks were cut 125 million bu. from November amid an increase in exports.

By Hillari Mason

•

December 09, 2025 11:08 AM

USDA

U.S. Carryover
Corn – billion bushels
	2024-25	2025-26
USDA	1.532	2.029
Average est.	NA	2.124
USDA Nov.	1.532	2.154

Soybeans – million bushels
	2024-25	2025-26
USDA	316	290
Average est.	NA	302
USDA Nov.	316	290

Wheat – million bushels
	2024-25	2025-26
USDA	851	901
Average est.	NA	890
USDA Nov.	851	901

Cotton – million bales
	2024-25	2025-26
USDA	4.0	4.50
Average est.	NA	4.44
USDA Nov.	4.0	4.30

Global Carryover
Corn – MMT
	2024-25	2025-26
USDA	293.37	279.15
Average est.	NA	280.71
USDA Nov.	291.66	281.34
Soybeans – MMT
	2024-25	2025-26
USDA	123.24	122.37
Average est.	NA	122.41
USDA Nov.	123.34	121.99
Wheat – MMT
	2024-25	2025-26
USDA	260.03	274.87
Average est.	NA	272.78
USDA Nov.	261.44	271.43
Cotton – million bales
	2024-25	2025-26
USDA	74.61	75.97
Average est.	NA	76.14
USDA Nov.	74.49	75.93