Report Snapshot | USDA pegs corn yield at 180.7 bu. per acre

USDA’s corn yield and ending stocks pegs landed below the average pre-report estimate, with harvested corn acres up by 1.2 million. Soybean production was slightly higher than expected despite a 0.3 bu. cut to yield due to a 1.4-million-acre-increase in harvested acres.

USDA
USDA
(USDA)
U.S. Corn, Soybean and Cotton Production
Corn
Production(bil. bu.)Yield(bu. per acre)
USDA16.013180.7
Average est.15.934182.4
USDA July16.000183.0
Soybeans
Production(bil. bu.)Yield(bu. per acre)
USDA4.51952.7
Average est.4.47252.9
USDA July4.47553.0
Cotton
Production(mil. bales)Yield(lbs. per acre)
USDA13.61798
Average est.13.54N/A
USDA July13.70872

U.S. Wheat Production
All wheat – billion bu.
USDA1.531
Average est.1.525
USDA July1.536
Winter wheat – billion bu.
USDA990
Average est.981
USDA July990
HRW wheat – million bu.
USDA463
Average est.468
USDA July471
SRW wheat – million bu.
USDA287
Average est.287
USDA July287
White winter wheat – million bu.
USDA240
Average est.232
USDA July232
Other spring wheat – million bu.
USDA474
Average est.468
USDA July475
Durum wheat – million bu.
USDA66
Average est.70
USDA July71

U.S. Carryover
Corn – billion bushels
2025-262026-27
USDA1.9451.653
Average est.1.9991.725
USDA July2.0201.790
Soybeans – million bushels
2025-262026-27
USDA325320
Average est.321304
USDA July330310
Wheat – million bushels
2025-262026-27
USDA920717
Average est.N/A715
USDA July920722
Cotton – million bales
2025-262026-27
USDA4.204.00
Average est.N/A3.86
USDA July4.204.10

Global Carryover
Corn – MMT
2025-262026-27
USDA298.83274.66
Average est.N/A273.77
USDA July298.67275.26
Soybeans – MMT
2025-262026-27
USDA125.12124.21
Average est.N/A124.24
USDA July125.33124.17
Wheat – MMT
2025-262026-27
USDA280.22273.25
Average est.N/A271.77
USDA July279.04272.84
Cotton – million bales
2025-262026-27
USDA74.8069.69
Average est.N/A71.10
USDA July75.7271.22
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