Analysis: Aziz Laaziz · data as of
Released by the USDA on 9 October 2026, 2026/27 marketing year. Changes against the 11 September 2026 edition.
The largest revision this month is in corn: +8.34 Mt of world ending stocks, to 280.44 Mt.
| Crop | Production (Mt) | Use (Mt) | Ending stocks (Mt) | Stocks-to-use | Production change (Mt) | Stocks change (Mt) |
|---|---|---|---|---|---|---|
| Wheat | 822.39 | 827.90 | 276.04 | 33.3% | -0.04 | -0.25 |
| Corn | 1,293.75 | 1,320.47 | 280.44 | 21.2% | +2.80 | +8.34 |
| Barley | 160.09 | 157.27 | 23.47 | 14.9% | -0.79 | +0.10 |
| Rapeseed | 99.57 | 98.56 | 11.60 | 11.8% | -0.40 | -0.75 |
| Soybeans | 442.70 | 442.18 | 124.28 | 28.1% | +0.35 | +0.26 |
The 9 October 2026 report raises world corn ending stocks by 8.34 Mt to 280.44 Mt. This is the largest revision of the month. Production gains 2.80 Mt to 1,293.75 Mt: the rise in the United States (+5.95 Mt) more than offsets declines in the European Union (-2.60 Mt) and the rest of the world (-0.55 Mt).
Rapeseed stocks fall 0.75 Mt to 11.60 Mt. Soybean stocks gain 0.26 Mt to 124.28 Mt. Wheat stocks fall 0.25 Mt to 276.04 Mt. Barley stocks gain 0.10 Mt to 23.47 Mt.
In the end, the wheat stock cushion remains stable, at 33.3% of use, and the corn cushion widens, at 21.2%.
Figures from the USDA PSD (Production, Supply and Distribution) database, updated on WASDE release day. Use is the report's figure: for grains, countries' domestic use plus the gap between world exports and imports. Country detail and the tension indicator are on the USDA page, with a free account.
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