
Pro Farmer's report snapshot shows USDA cut 2025/26 U.S. corn ending stocks by 125 million bushels to 2.029 billion on higher exports, below the average estimate of 2.124 billion. U.S. soybean carryout was unchanged at 290 million bushels, below the 302 million average estimate, and global corn, soybean and wheat stocks were also shown against pre-report averages.
Corn and soybean carryouts below trade expectations tighten the feed grain outlook and support prices for buyers.
After 1,040 past bullish report events, CORN moved a median +0.5% over 5 sessions (62% higher; middle half -0.9% to +2.0%), and +0.8% over 20.
After 747 past bullish report events, SOY moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +2.1%), and +0.8% 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.