Pro Farmer/News/Agriculture News

Report Snapshot | Corn ending stocks drop 75 million bu. from March

Corn ending stocks for 2024-25 were lowered to 1.465 billion bu., notably lower than the average pre-report estimate of 1.510. Soybean ending stocks were pegged at 375 million bu., 4 million bu. below the average pre-report estimate.

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April 10, 2025 11:09 AM

USDA — USDA World Supply and Demand Estimates

U.S. Carryover
Corn – billion bushels
	2023-24	2024-25
USDA	1.763	1,465
Average est.	NA	1.510
USDA March	1.763	1.540

Soybeans – million bushels
	2023-24	2024-25
USDA	342	375
Average est.	NA	379
USDA March	342	380

Wheat – million bushels
	2023-24	2024-25
USDA	696	846
Average est.	NA	825
USDA March	696	819

Cotton – million bales
	2023-24	2024-25
USDA	3.15	???
Average est.	NA	4.91
USDA March	3.15	4.90

Global Carryover
Corn – MMT
	2023-24	2024-25
USDA	314.33	287.65
Average est.	NA	288.18
USDA March	313.95	288.94
Soybeans – MMT
	2023-24	2024-25
USDA	115.27	122.47
Average est.	NA	122.07
USDA March	112.55	121.41
Wheat – MMT
	2023-24	2024-25
USDA	269.06	260.70
Average est.	NA	260.39
USDA March	269.50	260.08
Cotton – million bales
	2023-24	2024-25
USDA	73.74	78.86
Average est.	NA	78.41
USDA March	73.71	78.33

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