# Terrain Projects Large Grain Supplies and Tighter Margins Ahead - RFD

> Terrain's early grain outlook for 2026/27 projects corn planted area at 94 million acres with production above 15.8 billion bushels and ending stocks above 1.9 billion bushels. It also projects soybean ending stocks near 370 million bushels and wheat acreage at 45.1 million, among the lowest on record.

- Date: 2026-02-16 · published 2026-02-16T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/20654-terrain-projects-large-grain-supplies-and-tighter-margins-ahead-rfd
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Sorghum](https://feedsoft.ai/c/SORGHUM.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Large carry-in stocks and comfortable supplies are expected to cap price recovery in corn, soybeans and sorghum for 2026/27.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼
- WHEAT: neutral
- SORGHUM: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2026-01-23 | [Cattle-on-Feed Report Shows Tighter Supply Ahead - RFD](https://feedsoft.ai/events/21189-cattle-on-feed-report-shows-tighter-supply-ahead-rfd.md) | +1.6% | +0.5% |
| CORN | 2024-11-13 | [USDA projects fewer acres, greater production ahead for US \| World Grain](https://feedsoft.ai/events/27461-usda-projects-fewer-acres-greater-production-ahead-for-us-world-grain.md) | -0.5% | +1.0% |
| CORN | 2024-03-27 | [Fed cattle supplies remain larger than a year ago \| Ag Proud](https://feedsoft.ai/events/31322-fed-cattle-supplies-remain-larger-than-a-year-ago-ag-proud.md) | -3.2% | -5.0% |
| CORN | 2026-01-12 | [US corn and wheat supplies rise in latest WASDE \| Feed & Grain](https://feedsoft.ai/events/12589-us-corn-and-wheat-supplies-rise-in-latest-wasde-feed-and-grain.md) | -2.8% | -1.7% |
| CORN | 2022-11-09 | [USDA Projects Higher Corn and Soybean Supply](https://feedsoft.ai/events/38641-usda-projects-higher-corn-and-soybean-supply.md) | +1.6% | -5.7% |
| SOY | 2024-11-13 | [USDA projects fewer acres, greater production ahead for US \| World Grain](https://feedsoft.ai/events/27461-usda-projects-fewer-acres-greater-production-ahead-for-us-world-grain.md) | -0.5% | -0.8% |
| SOY | 2022-11-09 | [USDA Projects Higher Corn and Soybean Supply](https://feedsoft.ai/events/38641-usda-projects-higher-corn-and-soybean-supply.md) | +0.9% | +1.9% |
| SOY | 2021-09-30 | [U.S. grains: Wheat futures surge as supplies drop to 14-year low - Grainews](https://feedsoft.ai/events/11320-u-s-grains-wheat-futures-surge-as-supplies-drop-to-14-year-low-grainews.md) | -3.3% | -3.5% |

## Sources

- rfdtv.com: https://www.rfdtv.com/terrain-projects-large-grain-supplies-and-tighter-margins-ahead

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.