The US Department of Agriculture was originially scheduled to release on Thursday reveal the October edition of its monthly Wasde report, giving estimates for world ag supply and demand.

However, because of the US government shutdown, the USDA said that the briefing “will be suspended until further notice”.

Below expectations of what investors had expected the report to show.

Market expectations for USDA forecasts for 2025 US corn, soybean production (Reuters poll)
Crop Mean forecast Range of forecasts USDA’s existing estimate USDA 2024-25
Corn harvested area
Corn yield 185.0 182.7-186.7 186.7 179.3
Corn production 16,645 16,450-16,814 16,814 14,867
Soybean harvested area
Soybean yield 53.2 52.3-54.0 53.5 50.7
Soybean production 4,271 4,200-4,336 4,301 4,366
Area data in million acres. Yield data in bushels per acre. Production data in million bushels

 

Market expectations for USDA estimates of US grain stocks, close of 2025-26 (Bloomberg poll)
Crop Mean forecast Range of forecasts USDA’s existing estimate
Corn 2,236 2,077-2,484 2,110
Soybeans 317 230-528 300
All wheat 880 820-905 844
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
Soybeans
All wheat
All data in million tonnes