The US Department of Agriculture will on Wednesday reveal the April 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 2025-26
Crop Mean forecast Range of forecasts USDA’s existing estimate
End of 2024-25
Corn 2,131 2,002-2,267 2,127 1,551
Soybeans 351 315-380 350 325
All wheat 920 865-959 931 855
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
End of 2024-25
Corn 293.2 291.2-295.0 292.8 295.8
Soybeans 125.7 124.5-128.8 125.3 123.8
All wheat 277.0 274.8-278.0 277.0 260.0
All data in million tonnes