The US Department of Agriculture will on Friday reveal the September 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 1,311 1,285-1,350 1,305
Soybeans 328 306-345 330
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 harvested area 88.705 87.900-90.000 88.691
Corn yield 186.2 182.7-189.0 188.8 179.3
Corn production 16,516 16,204-16,764 16,742 14,867
Soybean harvested area 80.129 80.090-80.500 80.104
Soybean yield 52.9 52.0-54.0 52.5 50.7
Soybean production 4,370 4,290-4,455 4,335 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
Crop Mean forecast Range of forecasts USDA’s existing estimate
Corn 2,011 1,748-2,344 2,117
Soybeans 288 223-330 290
All wheat 865 836-905 869
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 281.63 278.00-287.63 282.54
Soybeans 124.77 122.90-127.00 124.90
All wheat 261.13 258.40-264.00 260.08
All data in million tonnes