Final Stock Report to Be Issued September 30

The USDA will release its final stocks report for the 2024 to 2025 marketing year on September 30. Many are questioning whether corn stocks will fall short. Crossroads Co-op Regional Manager Brian Irey,

“The USDA, back in January, cut yield 3.8 bushels per acre, and they cut production 275 million bushels at that point in time. It just has never felt like that cut was warranted. So it's conceivable, I don't know if it's likely at this point, but it's certainly conceivable that the USDA raises the stocks in the September 30 report, which would be very negative to grains.”

Irey points to a school of thought that USDA may have covered the error with a big jump in 2025 to 2026 corn yields in the August world agricultural supply and demand estimates report, suggesting the idea that it would all wash out.”

“I do think we have to clear that stocks report on September 30, and then incorporate the September 30 stocks numbers into the October 12 WADE crop production reports, which could end up being a really big deal. By then, we'll have more hard data from yields thus far through what harvest has occurred in the Corn Belt, and start to tighten this thing up a little bit. It just feels like the numbers are so loose at this point.”