{"id":4957,"date":"2025-05-15T12:34:38","date_gmt":"2025-05-15T07:34:38","guid":{"rendered":"https:\/\/vetnewsandviews.com\/en\/?p=4957"},"modified":"2025-05-17T00:38:27","modified_gmt":"2025-05-16T19:38:27","slug":"wasde-report-projects-higher-u-s-corn-production-for-2025-26-but-lower-soybean-production","status":"publish","type":"post","link":"https:\/\/vetnewsandviews.com\/en\/wasde-report-projects-higher-u-s-corn-production-for-2025-26-but-lower-soybean-production\/","title":{"rendered":"WASDE report projects higher U.S. corn production for 2025\/26 but lower soybean production"},"content":{"rendered":"\n

USDA Forecasts Tight Soybean Supplies, Record Corn Harvest in 2025\/26 WASDE Outlook<\/h1>\n

Published in:<\/strong> The Veterinary News and Views
\nBy:<\/strong> Staff Reporter | Date:<\/strong> May 15, 2025<\/p>\n\n

Corn: Strong Harvest, Ample Supply, Softer Prices<\/h2>\n

The 2025\/26 U.S. corn crop<\/strong> is forecast at 15.8 billion bushels<\/strong>, reflecting a 6% increase and the largest planted area in over a decade<\/span> at 95.3 million acres. Yields are projected at 181.0 bushels per acre<\/strong>, with total supplies estimated at 17.3 billion bushels<\/strong>.<\/p>\n

Usage is expected to rise by 1%, driven by feed\/residual use at 5.9 billion bushels<\/strong> and industrial use at 6.9 billion bushels<\/strong>. Ethanol use remains flat<\/strong> at 5.5 billion bushels. The season-average farm price<\/strong> is projected at $4.20 per bushel<\/strong>.<\/p>\n

Globally, corn production is forecast to rise to a record 1.265 billion metric tons<\/strong>, led by gains in the U.S., Ukraine, and Argentina.<\/p>\n\n

Soybeans: Tighter Stocks, Higher Crush, and Bullish Sentiment<\/h2>\n

The U.S. soybean production<\/strong> for 2025\/26 is estimated at 4.34 billion bushels<\/strong>. Yields are forecast at 52.5 bushels\/acre<\/strong>. The crush is projected to rise<\/strong> to 2.49 billion bushels<\/strong> due to increased demand for soybean meal and oil<\/strong>, especially in biofuel.<\/p>\n

Ending stocks<\/strong> are forecast at 295 million bushels<\/strong>, significantly lower than expected. Global soybean production is projected at 426.8 million tons<\/strong>. The U.S., Canada, and Ukraine<\/strong> are expected to see declines.<\/p>\n

World soybean ending stocks<\/strong> are estimated at 124.33 million tonnes<\/strong>, supporting higher prices. The USDA forecasts $10.25\/bushel<\/strong> for soybeans, $310\/short ton<\/strong> for soybean meal, and 46 cents\/lb<\/strong> for soybean oil.<\/p>\n\n

Market Sentiment and Technical Outlook<\/h2>\n

Traders view the soybean portion of the WASDE report as bullish<\/strong>. Technical resistance for July beans is above $11<\/strong>, with November beans approaching $10.80<\/strong>.<\/p>\n\n

About the WASDE Report<\/h2>\n

The WASDE<\/strong> report is published monthly by the USDA\u2019s World Agricultural Outlook Board (WAOB)<\/strong>. It provides global and U.S. supply-demand estimates for key commodities. The May edition<\/strong> is critical as it includes first full-year forecasts.<\/p>\n

Upcoming reports like the Acreage Report (June 30)<\/strong> will refine these figures as the season progresses.<\/p>\n\n

Key Takeaways<\/h2>\n