WASDE Report | USDA
Summary: The June 2026 WASDE report (WASDE-672) provides updated supply and demand projections for major agricultural commodities, including a correction to U.S. sugar consumption data. Key updates include reduced U.S. wheat production, stable U.S. corn outlooks, and adjustments to global grain and livestock production forecasts.
The June 11, 2026, World Agricultural Supply and Demand Estimates (WASDE-672) report features critical updates to agricultural market projections. A notable correction was issued regarding U.S. sugar deliveries for human consumption for the 2025/26 fiscal year, revised to 12.385 million STRV. For wheat, the 2026/27 U.S. outlook projects smaller supplies and lower ending stocks due to decreased output. Global wheat production is raised, driven by gains in Russia, Turkey, and Ukraine. The U.S. corn outlook remains largely unchanged, while global coarse grain production is forecast higher. The report also addresses the discovery of New World screwworm in Texas, noting that livestock forecasts reflect current containment policies. Additionally, the report provides detailed updates on rice, oilseeds, cotton, and dairy/meat production, reflecting recent trade data and environmental factors.
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