The US Department of Agriculture will on Tuesday reveal the August 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 1,321 1,290-1,340 1,340
Soybeans 345 305-363 350
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 184.3 181.0-188.1 181.0 179.3
Corn production 15,978 15,705-16,323 15,705 14,867
Soybean yield 52.9 52.0-54.0 52.5 50.7
Soybean production 4,370 4,290-4,455 4,335 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 1,930 1,660-2,333 1,660
Soybeans 358 305-420 310
All wheat 883 851-920 890
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 279.3 272.8-285.0 272.1
Soybeans 127.6 125.0-129.0 126.1
All wheat 261.7 260.1-264.0 261.5
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 758 745-776 755 770
Soft red 338 330-359 337 342
White 253 245-260 254 236
Total winter wheat 1,349 1,325-1,384 1,345 1,349
Durum 79 75-80 80 80
Other spring wheat 495 475-510 504 542
All wheat 1,923 1,889-1,945 1,929 1,971
All data in million bushels