The US Department of Agriculture will on Tuesday reveal keenly-anticipated data on US farmers’ intentions for their spring sowings programme, as well as a much-watched report on quarterly US grain stocks.
Below expectations of what investors, as polled by Reuters, expect the reports to show.
| Estimates for USDA data on US crop sowings, 2026 | |||||||||
| Crop | Mean forecast | Range of forecasts | USDA Outlook Forum estimate | USDA estimate for 2025 | |||||
| Barley | 2.371 | 2.200-2.500 | n/a | 2.299 | |||||
| Corn | 94.371 | 92.600-96.000 | 94.0 | 98.788 | |||||
| Cotton | 9.229 | 9.000-9.635 | 9.4 | 9.283 | |||||
| Oats | 2.456 | 2.300-2.600 | n/a | 2.370 | |||||
| Rice | 2.663 | 2.300-2.900 | n/a | 2.812 | |||||
| Sorghum | 6.514 | 6.200-6.800 | n/a | 6.640 | |||||
| Soybeans | 85.549 | 84.250-86.500 | 85.000 | 85.549 | |||||
| All wheat | 44.786 | 43.051-46.600 | 45.0 | 45.328 | |||||
| Of which winter wheat | 32.730 | 31.899-33.400 | 32.990* | 33.153 | |||||
| Durum | 2.050 | 1.600-2.400 | n/a | 2.185 | |||||
| Other spring | 9.843 | 9.135-11.000 | n/a | 9.990 | |||||
| All data in million acres. *= as of USDA January Winter Wheat and Canola Seedings report | |||||||||
| Estimates for USDA data on US grain inventories, as of March 1 | |||
| Crop | Mean forecast | Range of forecasts | Stocks as of March 1 2025 |
| Corn | 9.104 | 8.575-9.378 | 8.147 |
| Soybeans | 2.063 | 1.880-2.125 | 1.911 |
| All wheat | 1.295 | 1.050-1.334 | 1.237 |
| All data in billion bushels | |||