Corn, wheat, and soybean futures were once again little changed on Friday, as traders awaited Monday’s USDA reports.
The USDA will release its final 2025 production estimates for corn and soybeans, along with a Dec. 1 grain stocks report and winter wheat seedings report. Monthly US and global supply-demand numbers will also be updated for the 2025-26 crop year.
Soybeans ended mixed, with the USDA reporting a private export sale this morning of 198,000 tonnes sold to unknown destinations. On the other hand, traders are expecting Monday’s report to show a 5-million bu increase in 2025-26 US soybean ending stocks from December. March beans gained 1 ¼ cents to $10.62 ½, and November eased 1 ¼ cents to $10.71 ¾.
Corn was slightly lower. US corn ending stocks for 2025-26 are expected to be shown at 1.985 billion bu in Monday’s report, down 44 million from December. March corn eased ¼ cent to $4.45 ¾, and December slipped a ½ cent to $4.64.
Wheat ending stocks are seen down 5 million bu from last month to 896 million bu in Monday’s report, with winter wheat acres planted in the fall expected lower from the previous year. March Chicago wheat fell ¾ of a cent to $5.17 ¼, and March Kansas City was steady at $5.30 ¼. March Hard Red Spring dropped 1 ¼ cents to $5.60, and March Minneapolis lost 3 ¾ cents to $5.67 ½.
