
USDA corn and soybeans projections for the 2025/2026 season – December 2025
This update projects increases in global maize production, international trade, and ending stocks, driven by an upward revision in U.S. harvest estimates. In contrast, the global outlook for soybeans has been revised downward, both for production and ending stocks, as a result of the anticipated contraction in U.S. supply and exports of this oilseed.














