# USDA's initial look at 2025-26 marketing year - Pro Farmer

> 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.

- Date: 2025-02-27 · published 2025-02-27T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/26084-usda-s-initial-look-at-2025-26-marketing-year-pro-farmer
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

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.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2025-02-28 | [US soybeans production to fall in next marketing year: USDA](https://feedsoft.ai/events/26096-us-soybeans-production-to-fall-in-next-marketing-year-usda.md) | -2.4% | +0.5% |
| CORN | 2026-09-30 | [Report Reaction \| USDA shows 2025/26 corn ending stocks above 2-billion bushel mark - Pro Farmer](https://feedsoft.ai/events/17407-report-reaction-usda-shows-2025-26-corn-ending-stocks-above-2-billion-bushel.md) | -2.9% | -9.4% |
| CORN | 2024-05-13 | [May WASDE Offers First Look at Upcoming Marketing Year \| Farm Bureau Intel Markets \| American Farm Bureau Federation](https://feedsoft.ai/events/30284-may-wasde-offers-first-look-at-upcoming-marketing-year-farm-bureau-intel.md) | -0.0% | +0.5% |
| CORN | 2026-05-14 | [Markets React as USDA Releases First Look at 2026/27 Estimates](https://feedsoft.ai/events/19193-markets-react-as-usda-releases-first-look-at-2026-27-estimates.md) | -0.4% | -7.9% |
| CORN | 2017-06-30 | [USDA shocks markets with low soybean, wheat acres \| Farm Progress](https://feedsoft.ai/events/9720-usda-shocks-markets-with-low-soybean-wheat-acres-farm-progress.md) | +5.6% | +3.1% |
| SOY | 2025-02-28 | [US soybeans production to fall in next marketing year: USDA](https://feedsoft.ai/events/26096-us-soybeans-production-to-fall-in-next-marketing-year-usda.md) | -0.9% | -0.6% |
| SOY | 2016-07-18 | [Taking a look at the role of USDA reports in the market  – Ohio Ag Net \| Ohio's Country Journal](https://feedsoft.ai/events/4944-taking-a-look-at-the-role-of-usda-reports-in-the-market-ohio-ag-net-ohio-s.md) | -6.2% | -6.5% |
| SOY | 2025-03-11 | [USDA Report Reaction \| Markets have muted response to USDA's March WASDE Report - Pro Farmer](https://feedsoft.ai/events/25513-usda-report-reaction-markets-have-muted-response-to-usda-s-march-wasde-report.md) | +1.6% | -1.7% |

## Sources

- profarmer.com: https://www.profarmer.com/news/agriculture-news/usdas-initial-look-2025-26-marketing-year

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