Farm Bureau just released their summary of the July World Agricultural Supply and Demand Estimates (WASDE) and June Acreage reports, and we think it’s worth a close read. It offers a clear snapshot of where things stand and where they may be headed for the 2025–2026 season.
We’re especially paying attention to three key shifts:
1. Corn acreage hits record highs, but margins may stay tight.
With 95.2 million acres planted and rising ending stocks, corn prices are under pressure.
2. Soybean exports weaken.
A steady supply outlook and lowered export projections may challenge marketing strategies.
3. Wheat yields rebound, but prices remain low.
Improved production and higher ending stocks continue to weigh on prices, keeping risk management front and center.
Read the full summary from Farm Bureau.
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