WASDE Report | USDA
Summary: The June 2026 WASDE report (WASDE-672) details supply and demand projections for major agricultural commodities, noting reduced U.S. wheat stocks, stable U.S. corn outlooks, and adjustments to global production for grains and oilseeds. It also addresses the discovery of New World screwworm in Texas and provides updated sugar production forecasts.
The June 11, 2026, World Agricultural Supply and Demand Estimates (WASDE-672) report provides comprehensive updates on global and U.S. agricultural markets. Key highlights include: U.S. wheat supplies are projected lower due to reduced Hard Red Winter wheat production, leading to lower ending stocks. The U.S. corn outlook remains largely stable. Global coarse grain production is forecast higher, driven by increases in India, Brazil, and Argentina. U.S. rice supplies are slightly higher, while global rice production estimates for 2025/26 were raised significantly due to record output in India. The report also notes an increase in U.S. beet and cane sugar production forecasts. Additionally, the USDA reports on the containment of New World screwworm in Texas, impacting livestock forecasts. The report includes detailed balance sheets for wheat, rice, coarse grains, oilseeds, cotton, sugar, and livestock/dairy sectors.
Document outline
1. Highlights 2. Interagency Commodity Estimates Committees 3. World & U.S. Supply & Use for Grains 4. World & U.S. Supply & Use for Cotton 5. World & U.S. Supply & Use for Oilseeds 6. U.S. Wheat Supply & Use 7. U.S. Wheat Supply & Use by Class 8. U.S. Feed Grain & Corn Supply & Use 9. U.S. Sorghum, Barley & Oats Supply & Use 10. U.S. Rice Supply & Use 11. U.S. Soybeans & Products Supply & Use 12. U.S. Sugar Supply & Use 13. Mexico Sugar Supply and Use 14. U.S. Cotton Supply & Use 15. World Wheat Supply & Use 16. World Coarse Grains Supply & Use 17. World Corn Supply & Use 18. World Rice Supply & Use 19. World Cotton Supply & Use 20. World Soybean Supply & Use 21. World Soybean Meal Supply & Use 22. World Soybean Oil Supply & Use