USDA WASDEWASDE Report · June 2026

USDA WASDE World Balances

The USDA's WASDE (World Agricultural Supply and Demand Estimates) report is published monthly and details global production, stocks and consumption for major grains and oilseeds.

⚠️

First 2026/27 projections : preliminary estimates (northern hemisphere crops still in the field)

🌾Soft wheatInitial forecast
Moderate
Production
820.06 Mt
Stocks
275.42 Mt
Consumption
819.92 Mt
Source: USDA PSD (domestic consumption by country)
S/U Ratio
33.60%
Stocks vs prev. month: +0.00 Mt
Tension signalSubscribers only
🌽CornInitial forecast
Very tight
Production
1,300.38 Mt
Stocks
281.22 Mt
Consumption
1,314.54 Mt
Source: USDA PSD (domestic consumption by country)
S/U Ratio
21.40%
Stocks vs prev. month: +0.00 Mt
Tension signalSubscribers only
🌿BarleyInitial forecast
Very tight
Production
155.46 Mt
Stocks
21.20 Mt
Consumption
153.38 Mt
Source: USDA PSD (domestic consumption by country)
S/U Ratio
13.80%
Stocks vs prev. month: +0.00 Mt
Tension signalSubscribers only
🌱Other coarse grainsInitial forecast
Moderate
Production
676.45 Mt
Stocks
202.75 Mt
Consumption
676.52 Mt
Source: USDA PSD (domestic consumption by country)
S/U Ratio
30.00%
Stocks vs prev. month: +0.00 Mt
Tension signalSubscribers only

World consumption figures are sourced from the USDA PSD API 'Domestic Consumption' attribute, which may differ slightly from the 'Total Consumption' figure in the monthly WASDE report (~4 Mt difference for wheat).

🟡EU Rapeseed / CA CanolaInitial forecast
Very tight
Production
96.91 Mt
Stocks
12.18 Mt
Consumption
96.45 Mt
Source: USDA PSD (domestic consumption by country)
S/U Ratio
12.60%
Stocks vs prev. month: +0.00 Mt
Tension signalSubscribers only
🫘SoybeanInitial forecast
Tight
Production
441.34 Mt
Stocks
124.88 Mt
Consumption
440.78 Mt
Source: USDA PSD (domestic consumption by country)
S/U Ratio
28.30%
Stocks vs prev. month: +0.00 Mt
Tension signalSubscribers only

Full analysis for subscribers only

Detailed country tables, historical charts and COT indicators crossed with WASDE balances.

Sign in

No account? Create a free account

About the WASDE report

The WASDE (World Agricultural Supply and Demand Estimates) report is published monthly by the USDA. It presents global supply and demand balances for major grains: wheat, corn, soybeans, barley and rapeseed. The stocks-to-use ratio is the key indicator: below 20%, markets historically enter an upward tension zone.

Source : USDA PSD Online · Monthly update · USDA PSD Online