The US Department of Agriculture will on Monday reveal the January 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 forecasts for 2025 US corn, soybean production
Crop Mean forecast Range of forecasts Current USDA estimate
Corn harvested area  89.974 89.300-90.500 90.047
Corn yield 184.0 182.0-186.0 186.0
Corn production 16,552 16,353-16,700 16,752
Soybean harvested area 80.280 80.000-80.500 80.313
Soybean yield 52.7 51.9-53.5 53.0
Soybean production 4,229 4,176-4,300 4,253
Yield data in bushels per acre, area data in million acres, 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 1,972 1,772-2,235 2,029
Soybeans 292 245-350 290
All wheat 896 851-926 901
All data in million bushels

 

Market expectations for USDA estimates of quarterly US grain stocks, December 1
Crop Mean forecast Range of forecasts Last year
Corn 12,962 12,050-13,310 12,075
Soybeans 3,250 2,050-3,445 3,100
All wheat 1,636 1,590-1,696 1,573
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 279.62 277.02-283.00 279.15
Soybeans 123.07 121.80-124.50 122.37
All wheat 275.95 274.60-277.71 274.87
All data in million tonnes

 

Market expectations for USDA estimates of US winter wheat sowings, 2026 harvest
Crop Mean forecast Range of forecasts USDA’s 2025-26 estimate
Hard red 23.028 22.478-24.000 23.489
Soft red 5.925 5.500-6.300 6.136
White 3.446 2.500-3.700 3.528
Total winter wheat 32.413 31.000-33.400 33.153
All data in million acres