December WASDE 2025
Dec 09, 2025
12-9-25
December WASDE 2025
Corn
Corn carryout came in at 2.029 bil bu, slightly lower than the November report of 2.154. No changes to South American production today. Still ample supplies today, corn up 3 c post report.
Soybeans
The USDA left soybean carryout unchanged at 290 mln bu. No changes to South American production on the soybean side either. Plenty of soybeans domestically today as well, soybeans down 5 c post report.
Wheat
Wheat carryout came in at 90.1 mln bu, unchanged from the November report. World carryout on wheat larger than the November report by 3.5 mmt. Wheat unchanged post report.
Bottom Line
The December WASDE lived up to expectation as we did not receive any major changes fundamentally nor any price action from it. Back to watching South American weather.
Click here to view the report
December WASDE 2025
Corn
Corn carryout came in at 2.029 bil bu, slightly lower than the November report of 2.154. No changes to South American production today. Still ample supplies today, corn up 3 c post report.
Soybeans
The USDA left soybean carryout unchanged at 290 mln bu. No changes to South American production on the soybean side either. Plenty of soybeans domestically today as well, soybeans down 5 c post report.
Wheat
Wheat carryout came in at 90.1 mln bu, unchanged from the November report. World carryout on wheat larger than the November report by 3.5 mmt. Wheat unchanged post report.
Bottom Line
The December WASDE lived up to expectation as we did not receive any major changes fundamentally nor any price action from it. Back to watching South American weather.
Click here to view the report