Loading…
Pro Farmer summarises USDA's initial 2025-26 projections from the Ag Outlook Forum, based on the February WASDE. Corn is projected at 94 million planted acres and 15.585 billion bushels, with ending stocks of 1.965 billion; soybeans at 84 million acres with 320 million bushels in ending stocks; and wheat at 47 million acres with 826 million bushels in ending stocks.
Projected larger corn and wheat supplies and higher ending stocks point to lower prices, with soybean stocks tight enough to hold them up relative to corn.
profarmer.comPro Farmer EditorsFeb 27, 2025After 1,102 past bearish report events, Corn moved a median -0.2% over 5 sessions (47% higher; middle half -1.8% to +1.3%), and +0.0% 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 1,006 past bearish report events, Wheat (SRW) moved a median +0.0% over 5 sessions (50% higher; middle half -1.6% to +1.8%), and +0.3% over 20.
After 138 past bearish report events, Wheat (HRW) moved a median +0.0% over 5 sessions (50% higher; middle half -2.9% to +2.4%), and +0.5% 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.
