The U.S. Department of Agriculture (USDA) has revised its November forecast for U.S. soybean production for the 2026/2027 marketing year to 4.574 billion bushels, compared to market expectations of 4.597 billion bushels and an October forecast of 4.562 billion bushels. The November forecast for U.S. soybean ending stocks for the 2026/2027 marketing year is 300 million bushels, compared to market expectations of 331 million bushels and an October forecast of 315 million bushels. The November forecast for U.S. soybean yield for the 2026/2027 marketing year is 53.3 bushels per acre, compared to market expectations of 53.5 bushels per acre and an October forecast of 53.1 bushels per acre.
