INSTANT VIEW-USDA sees 95.2 million corn, 83.4 million soybean acres in 2025

CHICAGO, June 30 (Reuters) - U.S. farmers planted 95.2 million acres of corn in 2025, the U.S. Department of Agriculture said on Monday, up 5% from 2024 but below an average of trade expectations, while soybean plantings were 83.4 million acres, also below an average of trade expectations.

The USDA also reported U.S. June 1 soybean stocks at 1.008 billion bushels and wheat stocks at 851 million bushels, both above most analysts' estimates, while corn stocks at 4.644 billion bushels were near the average estimate.

Highlights:

* USDA plantings and stocks summary table nL1N3SX0N7

* US farmers plant 5% more corn in 2025 nL1N3SX0OX

* U.S. quarterly grain stocks highlights nAQN2KKVRS

* Estimates for US quarterly grain stocks nL4N3SR1F4

* Estimates for US corn, soy, wheat acreage nL4N3SR1FB

* Estimates for US cotton, small grains acres nL4N3SR1FC

COMMENTS:

* JACK SCOVILLE, VICE PRESIDENT, PRICE FUTURES GROUP:

"The acreage is probably a little bearish to corn (futures) and friendly to beans and wheat. Stocks are quite a bit bearish to beans. The bean stocks being as big as they are was the big surprise."

* ARLAN SUDERMAN, CHIEF COMMODITIES ECONOMIST, STONEX:

"None of these acreage numbers are really market movers, other than the fact that an even lower soybean acreage estimate leaves us more vulnerable to a weather scare.... overall, this is one of the tamer June 30 sets of reports that I've seen in a while, with the market now moving on to trade weather, potential trade agreements, and biofuel policy."

* CRAIG TURNER, RISK MANAGEMENT CONSULTANT, STONEX:

"If there was going to be one bullish surprise going into Monday's reports, it was going to be in the soybean acres number. But we didn't get it.... There were no surprises in this report. It's a pretty tame report."

* RICH NELSON, CHIEF STRATEGIST, ALLENDALE INC:

"This (USDA data) does not materially change the grains balance sheets. We're still looking at end-of-month liquidation, and we're waiting for a spark in the markets and for some type of weather story.... (USDA's June 1 soybean stocks figure) was a light surprise and would imply that the miscellaneous demand category was a disappointment this past quarter."

* MIKE ZUZULO, GLOBAL COMMODITY ANALYTICS:

"Above trade estimates (on June 1 soybean stocks) isn't what the bean bull wanted, especially with the prices recovering so much this month. While I'm not giving up on the soy (futures) recovery, this stocks figure reminds us of the lower demand."

* DAX WEDEMEYER, U.S. COMMODITIES:

"They (U.S. corn planted acres) didn't grow, so that might be one thing that put some support underneath (futures)."