Wednesday, August 13, 2025
- Yesterday's release of the August Wasde report by the USDA showed increases for corn ending stocks domestiaclly and for the world with lower stockpiles for soybeans and wheat both natoionally and globally for the 2025-26 marketing year. Domesic corn had a sizeable increase for ending stocks being raised from 1.66 to 2.12 billion bushels from the July report to the current August update. Domestic soybean ending stocks fell from 310 to 290 million bushels. Domestic wheat stockpiles decreased by 21 million bushels from last month to 869 million bushels. Global corn ending stocks increased from 272.08 to 282.54 MMT. Global soybean ending stocks declined from 126.07 to 124.90 MMT while world wheat ending stocks were lowered from 261.52 to 260.08 MMT. Domestic crop yiels were raised from last month for the 2025 crop growing season, especially for corn as this crop saw a 7.8 bushels/acre increase to 188.8 bushels/acre. Soybean yields went up by over one bushel/acre since last month to 53.6 bushels per acre.