USDA Reports Summary          06/30 11:17

   USDA Releases Acreage, Grain Stocks Reports

   USDA released its Acreage and quarterly Grain Stocks reports on Tuesday.

By DTN Staff

   This article was originally published at 11:02 a.m. CDT on Tuesday, June 30. 
It was last updated with additional information at 11:17 a.m. CDT on Tuesday, 
June 30.

   **

   OMAHA (DTN) -- U.S. farmers planted 95.3 million acres of corn and 85.4 
million acres of soybeans in spring 2026, USDA said on Tuesday, unchanged from 
March's estimate and within the range of pre-report estimates.

   USDA released its Acreage and quarterly Grain Stocks reports on Tuesday.

   Tuesday's USDA Acreage estimates were neutral for corn, neutral for soybeans 
and slightly bullish for wheat, said DTN Lead Analyst Rhett Montgomery. 
Tuesday's Grain Stocks estimates from USDA were neutral for corn, neutral for 
soybeans and neutral for wheat, he said.

   Stay tuned throughout the morning and refresh this page often. We will be 
sending a series of updates with the important highlights from Tuesday's 
reports, including commentary from our analysts.

   You can also view the full reports here:

   -- Acreage and Grain Stocks: https://www.nass.usda.gov/

   ACREAGE

   Farmers planted 95.3 million acres (ma) of corn, unchanged from March's 
estimate. It's down 3% from last year and represents the fifth-highest planted 
acreage since and including 1944. Area harvested for grain is projected at 87.4 
ma.

   For soybeans, USDA left unchanged its estimate of 85.4 ma. That's 5% higher 
than last year and the sixth largest since and including 1944.

   Wheat acreage is estimated at 42.7 ma, a 6% decline from last year. Winter 
wheat planted area is 31.5 ma, with hard red winter accounting for 22.4 ma; 
soft red winter, 5.54 ma; and white winter, 3.55 ma. Spring wheat acreage is 
forecast at 9.39 ma, down 6% from last year. Durum wheat is estimated at 1.83 
ma.

   Cotton acreage is estimated at 9.85 ma, up 6% from last year.

   QUARTERLY GRAIN STOCKS

   Corn stocks are up 14% from June 2025.

   Corn stocks in all positions on June 1, 2026, totaled 5.29 billion bushels 
(bb), up 14% from a year ago. Of the total stocks, 2.96 bb are stored on farms, 
up 16% from a year earlier. Off-farm stocks, at 2.34 bb, are up 12% from a year 
ago. The March-May 2026 indicated disappearance is 3.74 bb, compared with 3.5 
bb during the same period last year.

   Soybeans stored in all positions on June 1, 2026, totaled 1.06 bb, up 5% 
from June 1, 2025. On-farm stocks totaled 367 million bushels (mb), down 11% 
from a year ago. Off-farm stocks, at 694 mb, are up 16% from a year ago. 
Indicated disappearance for the March-May 2026 quarter totaled 1.06 bb, up 18% 
from the same period a year earlier.

   Old-crop all wheat stored in all positions on June 1, 2026, totaled 920 mb, 
up 8% from a year ago. On-farm stocks are estimated at 177 mb, down 4% from 
last year. Off-farm stocks, at 734 mb, are up 11% from a year ago. The 
March-May 2026 indicated disappearance is 383 mb, up slightly from the same 
period a year earlier.

   Old-crop durum wheat stocks in all positions on June 1, 2026, totaled 33.5 
mb, up 20% from a year ago. On-farm stocks, at 18.6 mb, are up 32% from June 1, 
2025. Off-farm stocks totaled 14.9 mb, up 8% from a year ago. The March-May 
2026 indicated disappearance of 12.3 mb, up 17% from the same period a year 
earlier.

   **

   Join us for DTN's webinar at 12:30 p.m. CDT on Tuesday, June 30, as we take 
a deeper look into USDA's recent estimates and what they could mean for markets 
moving forward. Questions are welcome, and registrants will receive a replay 
link for viewing at their convenience. Register here for Tuesday's June Acreage 
and quarterly Grain Stocks report webinar: 
https://ag.dtn.com/26-grain-stocks-wbr-june.

QUARTERLY STOCKS (million bushels)
                6/1/26       Avg       High      Low       3/1/26       2025
Corn            5,295        5,392     5,500     5,090     9,024        4,643
Soybeans        1,061        1,051     1,117     1,009     2,105        1,008
Wheat           920          935       955       911       1,300        855
ACREAGE REPORT
Planted Acres (million acres)                                           USDA
                6/30/26      Avg       High      Low       3/31/26      2025
Corn            95.3         94.9      96.3      94.0      95.3         98.8
Soybeans        85.4         85.4      86.0      84.3      84.7         81.2
All Wheat       42.7         43.8      44.5      43.4      43.8         45.3
Winter          31.5         32.4      33.1      32.1      32.4         33.2
Spring          9.4          9.4       9.7       9.2       9.4          10.0
Durum           1.8          2.0       2.1       1.9       2.0          2.2




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