# USDA Grain Stocks 'Surprise' With Larger Corn Inventories Than Expected

> USDA reported old-crop corn stocks at 1.532 billion bushels, above expectations, and wheat stocks at 2.12 billion bushels, also above trade estimates. Soybean stocks were 316 million bushels, slightly below expectations, and the 2025 wheat crop was pegged at 1.985 billion bushels.

- Date: 2025-09-30 · published 2025-09-30T12:00:00.000Z
- Category: report · region US · magnitude high
- Page: https://feedsoft.ai/events/9842-usda-grain-stocks-surprise-with-larger-corn-inventories-than-expected
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Bigger corn and wheat inventories and a larger wheat crop add bearish pressure to grain futures, while the small soybean miss provides minimal offset.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-04-09 | [USDA Expects Larger Corn Stocks](https://feedsoft.ai/events/11376-usda-expects-larger-corn-stocks.md) | +1.8% | -0.5% |
| CORN | 2019-03-01 | [Corn Stocks Less Than Expected - Corn South](https://feedsoft.ai/events/60112-corn-stocks-less-than-expected-corn-south.md) | -1.6% | +1.4% |
| CORN | 2025-10-01 | [USDA Grain Stocks Report Surprises Corn and Wheat - RFD](https://feedsoft.ai/events/9845-usda-grain-stocks-report-surprises-corn-and-wheat-rfd.md) | +1.4% | +2.3% |
| CORN | 2022-06-10 | [USDA projects larger than expected U.S. winter wheat crop, unexpectedly boosts 2022-23 corn ending stocks - Pro Farmer](https://feedsoft.ai/events/40894-usda-projects-larger-than-expected-u-s-winter-wheat-crop-unexpectedly-boosts.md) | -1.2% | -1.0% |
| CORN | 2018-12-11 | [USDA Raises Corn Inventories Outlook Beyond Expectations](https://feedsoft.ai/events/61507-usda-raises-corn-inventories-outlook-beyond-expectations.md) | +0.4% | +1.2% |
| WHEAT | 2019-04-09 | [USDA Expects Larger Corn Stocks](https://feedsoft.ai/events/11376-usda-expects-larger-corn-stocks.md) | -0.5% | -10.8% |
| WHEAT | 2025-10-01 | [USDA Grain Stocks Report Surprises Corn and Wheat - RFD](https://feedsoft.ai/events/9845-usda-grain-stocks-report-surprises-corn-and-wheat-rfd.md) | +0.6% | +6.4% |
| WHEAT | 2025-05-12 | [USDA Reduces Old Crop Corn Ending Stocks, Pegs New Crop Lower Than Expected](https://feedsoft.ai/events/24606-usda-reduces-old-crop-corn-ending-stocks-pegs-new-crop-lower-than-expected.md) | -0.1% | -2.0% |

## Sources

- agriculture.com: https://www.agriculture.com/september-2025-grain-stocks-11821352

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