USDA Reports

Analysts anticipate little change in U.S. balance sheets.
USDA ‘good’ to ‘excellent’ readings come in slightly below expectations
Pro Farmer will launch this year’s Crop Conditions Index for both crops, providing a single, weighted, easy-to-track gauge
Oklahoma led declines after missing out on rains last week
Historic data shows it may be too early to write off a return to normal conditions
Kansas led the index in declines
USDA projects U.S. 2026-27 ending stocks lower for corn, wheat, and soy compared to last year
A majority of the crop is rated very poor to poor in five key states
A stream of potentially market-moving events offers important test after a pullback from recent highs.
USDA condition ratings show a slight uptick in winter wheat rated good-to-excellent
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