Release brief · USDA WASDE
WASDE October 2026: U.S. 2026/27 soybean ending stocks 315 million bu vs 310 prior
Summary
USDA's October 2026 WASDE puts U.S. 2026/27 soybean production at 4,562 million bushels on a yield of 53.1 bu/acre (prior projection: 52.8). Ending stocks are projected at 315 million bushels, compared with 310 in the prior projection.
Key numbers — U.S. soybeans 2026/27
| Item | Sep projection | Oct projection | Δ |
|---|---|---|---|
| Area planted (million acres) | 86.9 | 86.9 | 0 |
| Area harvested (million acres) | 85.9 | 85.9 | 0 |
| Yield (bu/acre) | 52.8 | 53.1 | +0.3 |
| Beginning stocks (million bu) | 325 | 315 | −10 |
| Production (million bu) | 4,535 | 4,562 | +27 |
| Total supply (million bu) | 4,885 | 4,902 | +17 |
| Crush (million bu) | 2,780 | 2,780 | 0 |
| Exports (million bu) | 1,685 | 1,695 | +10 |
| Total use (million bu) | 4,575 | 4,587 | +12 |
| Ending stocks (million bu) | 310 | 315 | +5 |
| Season-average farm price ($/bu) | 12.00 | 12.00 | 0 |
World soybeans 2026/27 (million metric tons)
| Region — item | Sep projection | Oct projection | Δ |
|---|---|---|---|
| World — production | 442.35 | 442.70 | +0.35 |
| World — ending stocks | 124.02 | 124.28 | +0.26 |
| United States — production | 123.42 | 124.15 | +0.73 |
| United States — exports | 45.86 | 46.13 | +0.27 |
| Argentina — production | 50.00 | 50.00 | 0 |
| Argentina — crush | 43.00 | 43.50 | +0.50 |
| Brazil — production | 186.00 | 186.00 | 0 |
| Brazil — exports | 118.00 | 118.00 | 0 |
| China — imports | 115.00 | 115.00 | 0 |
Figures as extracted from the official release by the BeanBrief adapter; Δ = current minus prior.
What changed
- Yield raised to 53.1 bu/acre from 52.8
- Beginning stocks lowered to 315 million bu from 325
- Production raised to 4,562 million bu from 4,535
- Crush unchanged at 2,780 million bu
- Exports raised to 1,695 million bu from 1,685
- Ending stocks raised to 315 million bu from 310
On the calendar next
- USDA Crop Progress: 2026-10-19
- USDA Weekly Export Sales: 2026-10-22
- CFTC Commitments of Traders: 2026-10-23
Method & AI disclosure
Numbers extracted automatically from the official release (live). BeanBrief uses AI-assisted drafting; this brief's text was produced by: BeanBrief template engine (no LLM call), under BeanBrief's information-only rules, and passed automated checks (no advice language; every number matched to source data). Generated 2026-10-19 11:33 UTC.
Sources
- https://www.usda.gov/oce/commodity/wasde/wasde1026.txt
- https://www.usda.gov/oce/commodity/wasde/wasde1026.pdf
- https://www.usda.gov/about-usda/general-information/staff-offices/office-chief-economist/commodity-markets/wasde-report
⚠ Information only — not advice. This brief summarises publicly released official data. It is not financial, investment, trading or procurement advice or a recommendation regarding any contract or transaction. Verify all figures against the original source.