September WASDE 2025
Sep 12, 2025
9-12-25
September WASDE 2025
Corn
The USDA threw us another curveball today, raising harvested acres on corn by 1.3 million acres. 25/26 Marketing year carryout however was slightly lower than the previous month due to a 2.1 bu yield reduction. Projected carryout for 25/26 sits at 2.11 billion bushels.
Soybeans
Sobyean yield was virtually left unchanged from the August report. Projected carryout for 25/26 was raised 10 million bushels on a slight increase in harvested acres. 300 million bushels was what the USDA pegged for a projected carryout.
Wheat
Domestic wheat carryout for the 25/26 marketing year came in at 844 million bushels, lower than the August report by 25 million bushels. World wheat carryout raised by around 4 million metric ton,
Bottom Line
No major price reaction to today’s WASDE report even though we had some big acreage surprises. Trade still feels like corn and soybean yields will trend lower for the balance of the year, we will find out by how much when combines start rolling. Demand will be the focus for the trade now that the government confirms ample supplies for what we know today.
Click here to view the report
September WASDE 2025
Corn
The USDA threw us another curveball today, raising harvested acres on corn by 1.3 million acres. 25/26 Marketing year carryout however was slightly lower than the previous month due to a 2.1 bu yield reduction. Projected carryout for 25/26 sits at 2.11 billion bushels.
Soybeans
Sobyean yield was virtually left unchanged from the August report. Projected carryout for 25/26 was raised 10 million bushels on a slight increase in harvested acres. 300 million bushels was what the USDA pegged for a projected carryout.
Wheat
Domestic wheat carryout for the 25/26 marketing year came in at 844 million bushels, lower than the August report by 25 million bushels. World wheat carryout raised by around 4 million metric ton,
Bottom Line
No major price reaction to today’s WASDE report even though we had some big acreage surprises. Trade still feels like corn and soybean yields will trend lower for the balance of the year, we will find out by how much when combines start rolling. Demand will be the focus for the trade now that the government confirms ample supplies for what we know today.
Click here to view the report