U.S.: USDA: Corn and Soybean Stocks are Lower
The USDA’s Quarterly Grain Stocks Report, which was released on Tuesday, Sept. 30 at 12 p.m. ET, showed corn stocks down 13 percent from last year, soybean stocks are eight percent lower, and all wheat stocks are up six percent from 2024.
Old crop corn stocks in all positions on September 1, 2025, totaled 1.53 billion bushels, down 13 percent from September 1, 2024. Both on-farm and off-farm stocks were down from last year.
Old crop soybeans stored in all positions on September 1, 2025, totaled 316 million bushels, down eight percent from September 1, 2024. Both on-farm and off-farm stocks were lower.
All wheat stored in all positions on September 1, 2025, totaled 2.12 billion bushels, up six percent from a year ago. Based on the 2024 end of the marketing year analysis, corn for grain production was revised up 25 million bushels from the prior estimate. 2024 soybean production was revised up 7.74 million bushels from the previous estimate.
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