# New balance sheets project lower corn, wheat stocks – AgriNews

> Increases in U.S. corn and wheat exports lowered ending stocks in the June 12 USDA report, while soybean domestic balances were unchanged. USDA kept the 2025/26 season-average corn price at $4.20 per bushel and left corn area and yield forecasts unchanged.

- Date: 2025-06-17 · published 2025-06-17T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/24176-new-balance-sheets-project-lower-corn-wheat-stocks-agrinews
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Higher export demand reduces the carryout that would otherwise support the new crop, which is a mild bullish signal for corn and wheat. Feed costs could firm if export pace continues.

## Read by commodity

- CORN: bullish ▲
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2018-07-12 | [Corn, wheat supported by ending stocks - Brownfield Ag News](https://feedsoft.ai/events/64000-corn-wheat-supported-by-ending-stocks-brownfield-ag-news.md) | +2.9% | +12.0% |
| CORN | 2020-10-09 | [USDA tightens U.S. corn, soybean balance sheets - Brownfield Ag News](https://feedsoft.ai/events/50598-usda-tightens-u-s-corn-soybean-balance-sheets-brownfield-ag-news.md) | +3.7% | +7.4% |
| CORN | 2020-11-10 | [USDA Lowers Corn, Soybean and Wheat Ending Stocks](https://feedsoft.ai/events/50091-usda-lowers-corn-soybean-and-wheat-ending-stocks.md) | +9.7% | +8.7% |
| CORN | 2017-12-12 | [USDA lowers corn ending stocks estimate - Brownfield Ag News](https://feedsoft.ai/events/67346-usda-lowers-corn-ending-stocks-estimate-brownfield-ag-news.md) | +1.9% | +2.2% |
| CORN | 2019-02-08 | [USDA lowers U.S. corn, soybean ending stocks - Brownfield Ag News](https://feedsoft.ai/events/60555-usda-lowers-u-s-corn-soybean-ending-stocks-brownfield-ag-news.md) | +0.8% | -2.1% |
| WHEAT | 2018-07-12 | [Corn, wheat supported by ending stocks - Brownfield Ag News](https://feedsoft.ai/events/64000-corn-wheat-supported-by-ending-stocks-brownfield-ag-news.md) | +3.8% | +9.7% |
| WHEAT | 2026-05-30 | [UK grain balance: updated outlook on wheat, barley and oats stocks \| NewsHub.co.uk](https://feedsoft.ai/events/19317-uk-grain-balance-updated-outlook-on-wheat-barley-and-oats-stocks-newshub-co-uk.md) | -2.6% | -0.5% |
| WHEAT | 2022-07-12 | [France projects lower wheat production \| World Grain](https://feedsoft.ai/events/40421-france-projects-lower-wheat-production-world-grain.md) | +7.2% | +7.0% |

## Sources

- agrinews-pubs.com: https://www.agrinews-pubs.com/business/2025/06/17/new-balance-sheets-project-lower-corn-wheat-stocks/

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