The U.S. Department of Agriculture (USDA) forecasts the U.S. soybean production for the 2026/2027 marketing year in July at 4.475 billion bushels, compared to market expectations of 4.459 billion bushels and the June forecast of 4.435 billion bushels. The July forecast for U.S. soybean ending stocks for the 2026/2027 marketing year is 310 million bushels, compared to market expectations of 330 million bushels and the June forecast of 310 million bushels. The July forecast for U.S. soybean yield for the 2026/2027 marketing year is 53 bushels per acre, consistent with market and June forecasts.
