USDA’s first official look at 2025-26 coming May 12

Monday’s reports will include USDA’s initial winter wheat production estimate and new-crop corn and soybean production projections based on March planting intentions and trendline yields.

usda
usda
(USDA)

USDA will release its Supply & Demand and Crop Production Reports on Monday. They will feature updates to the old-crop balance sheets and the first official look at the 2025-26 marketing year, including USDA’s initial winter wheat production estimate and new-crop corn and soybean production projections based on March planting intentions and trendline yields. The following pre-report estimates are from Reuters; Bloomberg for cotton.

wheat production expectations.PNG
Winter wheat production expectations
(Pro Farmer)
U.S. carryover expectations.PNG
U.S. carryover expectations
(Pro Farmer)
Global carryover expectations.PNG
Global carryover expectations
(Pro Farmer)