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) |
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| 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) |
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| 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 |
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| Crop | Mean forecast | Range of forecasts | USDA’s existing estimate |
| Corn | |||
| Soybeans | |||
| All wheat | |||
| All data in million tonnes | |||
