USDA Reports Flash

By DTN Staff

This article was originally published at 11:01 a.m. CDT on Friday, May 10. It was last updated with additional information at 11:08 a.m. CDT on Friday, May 10.

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OMAHA (DTN) -- USDA on Friday forecast farmers this spring are planting what will become a 14.86-billion-bushel corn crop and a 4.45-billion-bushel soybean crop.

USDA estimated the 2024-25 corn yield will be 181 bushels per acre. The soybean crop is also projected at 52 bpa.

USDA on Friday released the World Agricultural Supply and Demand Estimates (WASDE) report for May, which includes the first detailed forecast for the 2024-25 corn and soybean crops.

USDA also released its May Crop Production report on Friday.

Stay tuned throughout the morning and refresh this page often, as we will be sending a series of updates with the important highlights from today's reports, including commentary from our analysts.

You can also view the full reports here:

-- Crop Production: https://www.nass.usda.gov/…

-- World Agricultural Supply and Demand Estimates (WASDE): http://www.usda.gov/…

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With new Northern crop seasons getting underway, join us for DTN's webinar at 12:30 p.m. CDT Friday as we discuss USDA's new estimates and add in our own market comments. Questions are welcome and registrants will receive a replay link for viewing at their convenience. Register here for Friday's May WASDE report webinar: https://www.dtn.com/….

U.S. PRODUCTION (Million Bushels) 2024-25
	May	Avg	High	Low	2022-23
Corn	14,860	14,897	15,342	14,720	15,342
Soybeans	4,450	4,430	4,496	4,165	4,165
All Wheat	1,858	1,889	1,952	1,775	1,812
Winter	1,248	1,305	1,395	1,210	1,248
U.S. ENDING STOCKS (Million Bushels) 2023-24
	May	Avg	High	Low	Apr
Corn	2,022	2,098	2,350	1,967	2,122
Soybeans	340	341	365	304	340
Wheat	687	689	710	598	698
U.S. ENDING STOCKS (Million Bushels) 2024-25
	May	Avg	High	Low
Corn	2,102	2,256	2,513	2,032
Soybeans	445	432	552	315
Wheat	766	786	862	652
WORLD ENDING STOCKS (million metric tons) 2023-24
	May	Avg	High	Low	Apr
Corn	313.1	315.3	317.2	311.0	318.3
Soybeans	111.8	112.4	115.0	109.0	114.2
Wheat	257.8	258.1	259.5	257.0	258.3
WORLD ENDING STOCKS (million metric tons) 2024-25
	May	Avg	High	Low
Corn	312.3	317.4	321.2	312.0
Soybeans	128.5	120.0	130.2	109.5
Wheat	253.6	256.9	241.8	264.4
WORLD PRODUCTION (million metric tons) 2023-24
	May	Avg	High	Low	Apr
CORN
Argentina	53.0	52.0	55.0	50.0	55.0
Brazil	122.0	122.5	125.6	120.0	124.0
SOYBEANS
Argentina	50.0	49.5	50.0	48.0	50.0
Brazil	154.0	152.6	155.0	147.0	155.0

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