Report Snapshot | Corn yield trimmed to 186.7 bu. per acre

While USDA lowered both the national corn and soybean yields from August, both were above the average analyst estimate, along with 2025-26 ending stocks.

USDA
USDA WASDE & Production Reports
(USDA)

U.S. Corn, Soybean and Cotton Production
Corn
Production (bil. bu.)
Yield (bu. per acre)
USDA
16.814
186.7
Average est.
16.516
186.2
USDA August
16.742
188.8
Soybeans
Production (bil. bu.)
Yield (bu. per acre)
USDA
4.301
53.5
Average est.
4.271
53.3
USDA August
4.292
53.6
Cotton
Production (mil. bales)
Yield (lbs. per acre)
USDA
13.22
861
Average est.
13.54
NA
USDA August
13.21
862

U.S. Carryover
Corn – billion bushels
2024-25
2025-26
USDA
1.325
2.110
Average est.
1.311
2.011
USDA August
1.305
2.117
Soybeans – million bushels
2024-25
2025-26
USDA
330
300
Average est.
328
288
USDA August
330
290
Wheat – million bushels
2024-25
2025-26
USDA
851
844
Average est.
N/A
865
USDA August
851
869
Cotton – million bales
2024-25
2025-26
USDA
4.00
3.60
Average est.
NA
5.02
USDA August
4.00
3.60

Global Carryover
Corn – MMT

2024-25
2025-26
USDA
284.18
281.40
Average est.
NA
281.63
USDA August
283.11
282.54
Soybeans – MMT

2024-25
2025-26
USDA
123.58123.99
Average est.
NA
124.77
USDA August
125.19
124.90
Wheat – MMT

2024-25
2025-26
USDA
262.42
264.06
Average est.
NA
261.13
USDA August
262.70
260.08
Cotton – million bales

2024-25
2025-26
USDA
74.06
73.14
Average est.
NA
73.59
USDA August
75.05
73.91