WASDE Report | USDA
Summary: The July 2026 WASDE report details supply and demand adjustments for major agricultural commodities, including wheat, corn, rice, oilseeds, sugar, and livestock, reflecting updated NASS acreage reports and global market conditions.
The July 10, 2026, World Agricultural Supply and Demand Estimates (WASDE-673) report provides comprehensive updates on agricultural commodity markets. Key findings include: U.S. wheat production is at its lowest since 1970/71; corn supplies are reduced due to lower beginning stocks and increased feed/residual use; rice supplies are tightened with significant production cuts; and oilseed production is raised, driven by higher soybean output. The report also addresses sugar market data corrections and provides revised forecasts for livestock, poultry, and dairy, noting adjustments in slaughter rates and milk production. Global outlooks for these commodities are also provided, incorporating international production and trade shifts.
Document outline
1. Wheat Outlook 2026/27 2. Coarse Grains Outlook 2026/27 3. Rice Outlook 2026/27 4. Oilseeds Outlook 2026/27 5. Sugar Market Data and Projections 6. Livestock, Poultry, and Dairy Forecasts 7. Cotton Supply and Demand 2026/27 8. Interagency Commodity Estimates Committees