Report Snapshot | Slight reduction in corn, soy acres

USDA trimmed both corn and soy acres from its March estimate, while stocks were slightly higher than expected for corn, soybeans and wheat.

USDA
USDA Quarterly Grain Stocks and Acreage Reports
(USDA )

Acreage Report
Corn – million acres
USDA
95.203
Average est.
95.350
USDA March forecast
95.326
USDA final 2024
90.549

Soybeans – million acres
USDA
83.380
Average est.
83.655
USDA March forecast
83.495
USDA final 2024
87.050

All wheat – million acres
USDA
45.478
Average est.
45.438
USDA March forecast
45.350
USDA final 2024
46.079
Winter wheat – million acres
USDA
33.325
Average est.
33.299
USDA March forecast
33.315
USDA final 2024
33.390
Other spring wheat – million acres
USDA
10.045
Average est.
10.078
USDA March forecast
10.020
USDA final 2024
10.625
Durum wheat – million acres
USDA
???
Average est.
2.024
USDA March forecast
2.015
USDA final 2024
2.064

Cotton – million acres
USDA
10.120
Average est.
9.735
USDA March forecast
9.867
USDA final 2024
11.183

Quarterly Grain Stocks Report
Corn – billion bu.
USDA June 1, 2025
4.644
Average est.
4.641
USDA March 1, 2025
8.151
USDA June 1, 2024
4.997
Soybeans – billion bu.
USDA June 1, 2025
1.008
Average est.
0.980
USDA March 1, 2025
1.910
USDA June 1, 2024
0.970
Wheat – billion bu.
USDA June 1, 2025
0.851
Average est.
0.836
USDA March 1, 2025
1.237
USDA June 1, 2024
0.696