USDA Releases Final Grain Stocks Estimates

The Final Grain Stocks Report may be the last key figures we see if a government shutdown halts future updates.

WASHINGTON (RFD-TV) — The U.S. Department of Agriculture (USDA) released its Final Grain Stocks Report on Tuesday, providing key figures that may be the last we see if a government shutdown halts future updates.

CommodityEstimatesTrade Guess
Corn1.53 BB1.34 BB
Soy316 MB323 MB
Wheat2.12 BB2.04 BB

While soybean growers work to bring in this year’s crop, selling it remains a challenging task. The American Soybean Association warns that the U.S. is losing competitiveness after China recently turned to Argentina for supplies.

“If we can be competitive with beans, we can get them moved like they did with Argentina,” says ASA Vice President Scott Metzger. “Those could’ve easily been our beans going over there. It shows that if that opportunity is there, China is willing to buy.”

The grain trade says the numbers underscore broader concerns as China steps back from U.S. purchases. The National Corn Growers Association calls the situation a “four-alarm fire” and is urging Congress to act quickly to remove market barriers.

Related Stories
Stable U.S. fundamentals continue for major crops, but global adjustments in corn, soybeans, wheat, and cotton may influence early-2026 pricing.
Sen. Moran joins us to discuss the farm aid package and the financial reality faced by row crop farmers in his home state of Kansas.
Corn and wheat exports continue to outperform last year, while soybeans show steady but subdued movement compared to 2024.
Tariff relief and new trade agreements may temper food costs by reducing import costs.
Grain farms still have strong balance sheets, but another stretch of low profits will force hard cost cuts, especially on high-rent, highly leveraged operations.

LATEST STORIES BY THIS AUTHOR:

Ranchbot Monitoring Solutions provides remote water-monitoring technology to help ranchers manage livestock water more efficiently.
Jones Hamilton Company shares insights on herd health, efficiency, and innovation for cattle producers this year at NCBA CattleCon in Nashville.
Lewis Williamson with HTS Commodities discusses current farmer sentiment, trade considerations, and the market factors shaping the outlook for the upcoming planting season.
Student volunteers at the Fort Worth Stock Show & Rodeo are teaching visitors about agriculture through the FFA Children’s Barnyard ahead of the Junior Sale of Champions.
The fun continues in Nashville next year at CattleCon 2027!
The phone call injected optimism into the soybean market, but actual Chinese buying and its timing will ultimately determine the extent of U.S. agricultural export benefits.