Corn ending stocks in the United States for 2025/26 will be slightly tighter than earlier expectations, but still record-large, according to updated supply/demand tables from the U.S. Department of Agriculture released Feb. 10.
There’s a 760,000-tonne difference in the ending stocks for Canada’s 2025/26 canola crop respectively estimated by Agriculture and Agri-Food Canada and the United States Department of Agriculture. Aside from that, the canola data from AAFC and the USDA remain quite similar.
Prior to the January supply and demand report being released by the United States Department of Agriculture, its attachés in Argentina and Brazil issued their respective reports on oilseed production for 2025/26.
Corn ending stocks in the United States for 2025/26 will be much larger than earlier expectations, according to updated supply/demand tables from the U.S. Department of Agriculture.
The USDA is forecasting tighter U.S. corn ending stocks for 2025/26 due to increased exports. The supply/demand balance sheets for soybeans and wheat were unchanged.
Australia will grow more wheat in 2025/26 than earlier expectations, but production will likely be down on the year in Turkey and Kazakhstan, according to several attaché reports released by the United States Department of Agriculture on Nov. 20, as it continues to catch up following the federal government shutdown.
The United States sold at least 332,000 tonnes of soybeans to China during the government shutdown, with more business to “unknown destinations” also likely headed to the country, according to a cache of daily sales data released by the U.S. Department of Agriculture on Nov. 14.
Soybean and corn yields in the United States were revised downward from earlier estimates in updated supply/demand tables from the United States Department of Agriculture released Nov. 14.
U.S. data vital to global grain and soybean trading has gone dark during the country’s federal government shutdown, leaving commodity traders and farmers without crop production estimates, export sales data and market reports during the peak of the autumn harvest.