USDA Raises 2026/2027 U.S. Soybean Output and Ending Stocks Forecasts

According to Jin10, the U.S. Department of Agriculture said September forecasts for U.S. 2026/2027 soybean production were 4.535 billion bushels, compared with market expectations of 4.501 billion bushels and August forecasts of 4.519 billion bushels. It also put September forecasts for U.S. 2026/2027 soybean ending stocks at 310 million bushels, versus market expectations of 298 million bushels and August forecasts of 320 million bushels, while September forecasts for soybean yield were 52.8 bushels per acre, compared with market expectations of 52.5 bushels per acre and August forecasts of 52.7 bushels per acre.