The U.S. Department of Agriculture (USDA) forecasts the U.S. soybean production for the 2025/2026 marketing year at 4.253 billion bushels in November, compared to market expectations of 4.266 billion bushels; ending stocks are expected to be 290 million bushels, compared to market expectations of 304 million bushels; and yield is expected to be 53 bushels per acre, compared to market expectations of 53.1 bushels per acre.