Tidbits, Stocks & Acres, Trade Negotiations, ENSO, Export Inspections 7/1/25
- Wright team
- Jul 1, 2025
- 5 min read
Highlights
The USDA Grain Inventory and Actual Planted Acreage Reports were so absolutely neutral, that the biggest news of the day from USDA was the corn crop conditions added 3% this past week to the top two condition categories after losing 2% a week ago. Soybean crop condition ratings were unchanged.
Corn stocks were less than a year ago and almost as expected. Of the remaining old crop corn, 2.556 billion bushels (3.026 a year ago) were still on the farm and 2.087 billion bushels (1.971 a year ago) were stored off farms as of 1 June.
Soybean stocks were higher than last year and above the average expectation. Of the old crop soybeans, 411,700 bushels (466,000 a year ago) were on farms and 595,964 bushels (504,050 a year ago) off farms.
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