The June USDA 2026 World Agricultural Supply and Demand Estimates (WASDE) report delivered updated outlooks for corn, soybeans, and wheat as markets continue watching supply expectations heading into summer. The USDA raised projected ending stocks for corn and wheat, reflecting larger anticipated supplies, while soybean estimates remained largely unchanged from prior forecasts. The report also included updates to export expectations and global production estimates that could influence market direction moving forward.

Traders are watching closely for changes in South American production, export demand and domestic carryout projections as the planting season continues in the U.S. While no major surprises emerged from the June report, updated supply expectations may continue to shape price outlooks and marketing decisions throughout the growing season. For farmers, the latest WASDE offers another benchmark for evaluating grain marketing strategies and managing risk as crop conditions develop.

Read the full WASDE report here.