
Analysts forecast record U.S. soybean production of 4.597 billion bushels, corn production of 15.962 billion bushels, and U.S. wheat stocks of 744 million bushels. The article also reports that U.S. wheat export sales for 2026/27 reached 538,028 tonnes, the second-highest weekly total so far this season and 6.45% above the same period last year.
The record soybean crop outlook could increase supply and weigh on soybean prices, while lower projected corn production could tighten supply and support corn. Higher wheat stocks would add to available supply and pressure wheat prices.
After 788 past bearish report events, Soybeans moved a median -0.3% over 5 sessions (47% higher; middle half -2.0% to +1.5%), and -0.9% over 20.
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 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.
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.