The USDA August WASDE report brought a few notable revisions across the major row crops. Corn production was raised slightly to 16.01 billion bushels (16 billion in the July report) on a projected yield of 180.7 bushels per acre (down from 183 in the July report). If the numbers hold, this would be the second largest U.S. corn harvest on record, per the USDA. 2026/2027 U.S. ending stocks were tightened to 1.653 billion bushels, down from 1.79 billion bushels in the July report.

Soybean production also moved higher, to 4.52 billion bushels (4.48 billion in the July report), though a slightly lower yield of 52.7 bushels per acre (53 in the July report). 2026/2027 ending stock projections rose 10 million bushels from the July report at 320 million.

Wheat told a different story, with both production and ending stocks trimmed from last month’s estimates to 1.53 billion bushels (1.54 billion in the July report) and 717 million bushels (722 million in the July report and 22% over last year), respectively.

Read more WASDE breakdown from Agriculture.com and the full USDA WASDE report here.