# USDA forecasts lower wheat, corn, sorghum prices for 2025/26

> USDA's first 2025/26 WASDE estimates project average US marketing-year prices of $5.30 for wheat, $4.35 for corn and $4.15 for sorghum. Stocks-to-use ratios are high for US wheat (47%) and corn, supporting the lower price outlook.

- Date: 2025-05-14 · published 2025-05-14T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/24718-usda-forecasts-lower-wheat-corn-sorghum-prices-for-2025-26
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Sorghum](https://feedsoft.ai/c/SORGHUM.md)

## Why it matters

Ample US old-crop and projected new-crop stocks point to weaker cash grain prices and cheaper feed grain inputs for buyers in the coming marketing year.

## Read by commodity

- CORN: bearish ▼
- WHEAT: bearish ▼
- KWHEAT: bearish ▼
- SORGHUM: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2025-02-27 | [USDA Forecasts Record Corn Crop, Larger Soybean Crop for 2025-26](https://feedsoft.ai/events/13114-usda-forecasts-record-corn-crop-larger-soybean-crop-for-2025-26.md) | -5.3% | -1.0% |
| CORN | 2025-05-12 | [USDA Forecasts 15.8 BB Corn, 4.34 BB Soybeans for 2025-26](https://feedsoft.ai/events/24607-usda-forecasts-15-8-bb-corn-4-34-bb-soybeans-for-2025-26.md) | +0.0% | +1.9% |
| CORN | 2025-09-18 | [USDA lowers corn, soybean yield forecasts – AgriNews](https://feedsoft.ai/events/13055-usda-lowers-corn-soybean-yield-forecasts-agrinews.md) | -0.6% | -2.4% |
| CORN | 2019-09-05 | [FAPRI sees lower wheat, corn, soybean prices \| 2019-09-05  \| Food Business News](https://feedsoft.ai/events/9145-fapri-sees-lower-wheat-corn-soybean-prices-2019-09-05-food-business-news.md) | -2.8% | +3.3% |
| CORN | 2023-02-27 | [USDA Releases Lower Ag Export Forecast for 2023](https://feedsoft.ai/events/37388-usda-releases-lower-ag-export-forecast-for-2023.md) | -1.3% | -1.8% |
| WHEAT | 2025-02-27 | [USDA Forecasts Record Corn Crop, Larger Soybean Crop for 2025-26](https://feedsoft.ai/events/13114-usda-forecasts-record-corn-crop-larger-soybean-crop-for-2025-26.md) | -4.3% | -0.1% |
| WHEAT | 2025-05-12 | [USDA Forecasts 15.8 BB Corn, 4.34 BB Soybeans for 2025-26](https://feedsoft.ai/events/24607-usda-forecasts-15-8-bb-corn-4-34-bb-soybeans-for-2025-26.md) | -0.1% | -2.0% |
| WHEAT | 2025-09-17 | [France Updates Wheat and Corn Production Forecasts for 2025](https://feedsoft.ai/events/22802-france-updates-wheat-and-corn-production-forecasts-for-2025.md) | +0.4% | +1.3% |

## Sources

- farmprogress.com: https://www.farmprogress.com/grains/usda-projects-below-average-wheat-corn-sorghum-prices-for-202526-marketing-year

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