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USDA made minimal changes to US corn, soybean and wheat balance sheets in its June 11 WASDE. New-crop corn ending stocks rose 3 million bushels to 1.96 billion, and new-crop wheat stocks fell to 744 million bushels.
The average 2026/27 farm price was held at $4.40 for corn and $11.40 for soybeans.
With no change to US corn or soybean production, the report gives the market little new supply information. Wheat's smaller crop is the only notable supply tightening and is a modest support for prices.
brownfieldagnews.comJohn PerkinsJun 11, 2026After 770 past neutral report events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% over 20.
After 563 past neutral report events, Soybeans moved a median -0.1% over 5 sessions (48% higher; middle half -1.7% to +1.6%), and -0.1% over 20.
After 769 past bullish report events, Wheat (SRW) moved a median +0.2% over 5 sessions (53% higher; middle half -1.4% to +2.0%), and +0.2% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
