INSTANT VIEW-USDA raises estimates of US corn and soybean acreage

CHICAGO, Sept 12 (Reuters) - The U.S. Department of Agriculture raised its 2025 U.S. corn production forecast to a record-high 16.8 billion bushels in a monthly report on Friday, reflecting an increased assessment of harvested acreage. The agency also lowered its estimate of the average corn yield, as most analysts expected.

Similarly for soybeans, the USDA trimmed its U.S. yield forecast but raised its estimates of production and harvested acres.

Highlights:

* USDA September crop supply/demand report summary

* USDA lifts U.S. corn crop outlook, raises acres

* Trade estimates for corn, soy production

* Trade estimates for U.S. ending stocks

* Trade estimates for world crop end-stocks

COMMENTS:

DON ROOSE, PRESIDENT OF U.S. COMMODITIES:

"The government threw some surprising numbers at us. They took the harvested acres up more than the trade thought on corn and on soybeans. That neutralized some of the lower yield we had on corn and soybeans."

RICH NELSON, CHIEF STRATEGIST FOR ALLENDALE INC:

"On the corn side, it's another surprise with acreage. USDA added another 1.4 million acres to corn plantings. This is on top of last month's 2 million-acre surprise. Corn bulls are standing aside now."

TED SEIFRIED, CHIEF MARKET STRATEGIST FOR ZANER AG HEDGE:

"It's overall bearish, but the trade isn't fully believing that the USDA has lowered yields enough. They lowered the yields marginally, but the carry-over number was higher than trade expectations."

CRAIG TURNER, SENIOR RISK MANAGEMENT CONSULTANT AT STONEX:

"The thing that jumps out at me is the corn demand is staying very high in this report ... What USDA is saying is that it sees the U.S. having plenty of corn, and a lot of export demand for $4 corn. That corn is going to stay cheap, and it's going to have to be priced low for a long time to get that demand."

SUSAN STROUD, FOUNDER AND ANALYST FOR NO BULL AGRICULTURE:

"We will never get to that USDA corn demand number. Last marketing year, we saw huge record exports. We had big numbers, yes, but only because we were winning by default. This year, USDA is setting demand expectations unreasonably high."

ADAM FRIEDRICHSEN, ADVISOR FOR LOGIC AG MARKETING:

"The biggest surprise was obviously the large increase in planted corn acres. Yields will probably continue to be decreased, but ... so could bean exports, pending the U.S.-China tariff war. Trade will turn its focus to yield reports going forward."

CHARLIE SERNATINGER, ANALYST WITH MAREX CAPITAL:

"Definitely negative on wheat, with the USDA ramping up the Black Sea and EU production."