The US Department of Agriculture will on Friday reveal the June edition of its monthly Wasde report, giving estimates for world ag supply and demand.

Below expectations of what investors, as polled by Reuters, expect the report to show.

 

Market expectations for USDA estimates of US grain stocks, close of  2024-25
Crop Mean forecast Range of forecasts USDA’s existing estimate
Corn 1,347 1,275-1415 1,365
Soybeans 359 329-380 350
All data in million bushels

 

Market expectations for USDA forecasts for 2025 US corn, soybean production
Crop Mean forecast Range of forecasts USDA’s existing estimate USDA 2024-25
Corn yield 181.1 180.0-183.0 181.0 179.3
Corn production 15,729 15,610-15,925 15,820 14,867
Soybean yield 52.4 51.5-53.5 52.5 50.7
Soybean production 4,329 4,250-4,414 4,340 4,366
Yield data in bushels per acre. Production data in million bushels

 

Market expectations for USDA estimates of US grain stocks, close of 2025-26
Crop Mean forecast Range of forecasts USDA’s existing estimate
Corn 1,733 1,571-1,856 1,750
Soybeans 305 254-377 295
All wheat 895 842-935 898
All data in million bushels

 

 

Market expectations for USDA estimates of world grain stocks, close of 2025-26
Crop Mean forecast Range of forecasts USDA’s existing estimate
Corn 277.9 272.0-290.0 275.2
Soybeans 126.5 123.5-140.0 125.3
All wheat 262.7 256.0-267.0 262.8
All data in million tonnes

 

Market expectations for USDA estimates of US winter wheat harvest, 2025-26
Crop Mean forecast Range of forecasts USDA’s existing estimate
 USDA’s 2024- 25 estimate
Hard red 771 735-802 782 770
Soft red 342 309-368 345 342
White 249 236-256 254 236
Total winter wheat 1,360 1,297-1,404 1,382 1,349
Durum 78 70-84 n/a 80
Other spring wheat 474 385-542 n/a 542
All wheat 1,912 1,846-1,971 1,921 1,971
All data in million bushels