USDA Reports Expected to Impact Corn, Soybean, and Wheat Futures
Corn, soybeans, and wheat futures are all trading higher ahead of today's USDA reports.
The trade is expecting a modest revision to corn stocks for the 2025-26 marketing year, with analysts pegging production at 17.003 billion bushels, down from USDA's latest figure of 17.021 billion bushels.
USDA will also release its Quarterly Grain Stocks Report, which includes final stock figures for the 2025-26 marketing year for corn and soybeans, as well as details on first-quarter wheat use.
The report is expected to give clues on how strong demand has been for these commodities, particularly in the feed and residual sector.