INSTANT VIEW-USDA sees larger US corn stockpiles in 2025/26

CHICAGO, May 12 (Reuters) - U.S. corn supplies are expected to rise in the coming year, although not as much as most analysts expected, while soybean supplies should tighten, the U.S. Department of Agriculture said on Monday.

Highlights:

* USDA May crop supply/demand report summary nL1N3RK0UE

* US corn supplies seen expanding next year nL1N3RK0TL

* Trade estimates for corn, soy production nL4N3RD1OA

* Trade estimates for U.S. ending stocks nL4N3RD1OY

* Trade estimates for U.S. wheat production nL4N3RD1OL

* Trade estimates for world crop end-stocks nL4N3RD1PJ

* Trade estimates for South American crops nL4N3RD1O5

COMMENTS:

* JACK SCOVILLE, VICE PRESIDENT, PRICE FUTURES GROUP:

"It's a friendly report because corn ending stocks for next year were cut back, and that should be pretty friendly to the market. (CBOT) Corn for some reason just can't get up off its back end. Funds could be keeping it down. The reason why we're up so much in (CBOT) beans is the Trump tariff announcements, not the supply and demand report."

* DON ROOSE, PRESIDENT, U.S. COMMODITIES:

"The (U.S. corn) ending stocks next year says we need to get a yield. (With) ending stocks at 1.8 billion (bushels) on corn, even with big acres, you need to get a yield. It's going to be a foot race with weather, after this report."

* ARLAN SUDERMAN, CHIEF COMMODITIES ECONOMIST, STONEX:

"Both the (U.S.) corn and soybean ending stocks numbers leave us vulnerable to a weather scare. I don't see how we can hit those high corn and soybean export targets for the new marketing year."

* TOMM PFITZENMAIER, ANALYST, SUMMIT COMMODITY BROKERAGE:

"They increased (corn) feed usage 150 million (bushels) and exports by 75 (million). I don't think anybody expected that. If you hadn't done that, you'd be back over 2 billion (bushels on corn ending stocks), like everybody thought we'd be."

* TED SEIFRIED, CHIEF MARKET STRATEGIST, ZANER AG HEDGE:

"There's some friendly stuff in here, especially for corn. But it comes against the backdrop of big changes to the relationship between China and the U.S."

* CHARLIE SERNATINGER, MAREX CAPITAL:

"The big surprise was that new-crop corn world stocks decreased, instead of increasing, as per the trade guesses. (CBOT) Wheat should get dragged up by the close, with the USDA clearly too high on western white wheat production, given the drought out there."