WASDE Report | USDA
Summary: The August 2026 WASDE report details adjustments to U.S. and global commodity projections, including reduced wheat and corn supplies, increased soybean production, and updates on livestock and sugar markets.
The August 12, 2026, World Agricultural Supply and Demand Estimates (WASDE-674) report provides updated forecasts for the 2026/27 marketing year. Key findings include reduced U.S. wheat supplies and ending stocks, a slight increase in U.S. corn production despite lower yields, and higher soybean production driven by increased harvested area. Global coarse grain production is raised, while cotton production is lowered. The report also notes adjustments in livestock, poultry, and dairy forecasts, including the resumption of live cattle imports from Mexico through the Douglas, Arizona port. Sugar supply projections for the U.S. are increased due to higher beginning stocks and imports.
Document outline
1. Wheat Outlook 2026/27 2. Coarse Grains Outlook 2026/27 (Corn and Sorghum) 3. Rice Outlook 2026/27 4. Oilseeds Outlook 2026/27 (Soybeans) 5. Sugar Outlook 2025/26 and 2026/27 6. Livestock, Poultry, and Dairy Forecasts 7. Cotton Outlook 2026/27 8. Interagency Commodity Estimates Committees