
WASHINGTON, Feb 17 (Reuters) - The following are analysts' forecasts of U.S. plantings, yield, production and ending stocks of corn, soybeans and wheat for the 2026-27 marketing year, ahead of the U.S. Department of Agriculture's annual outlook forum on February 19-20.
The USDA will publish its estimates at 7 a.m. EST (1200 GMT) on Thursday, February 19.
Planted area is shown in millions of acres. Grain and soy yields are shown in bushels per acre, while production and ending stocks figures are shown in billions of bushels.
CORN
Planted acres | Yield | Production | 2026-27 end-stocks | |
Average trade estimate | 94.9 | 183.5 | 15.940 | 1.978 |
Highest trade estimate | 96.8 | 186.0 | 16.750 | 2.170 |
Lowest trade estimate | 94.0 | 181.5 | 15.600 | 1.736 |
USDA 2026 Long-term forecast | 95.0 | 182.0 | 15.815 | 2.019 |
USDA final 2025-26 figures | 98.8 | 186.5 | 17.021 | 2.127 |
USDA 2025 outlook forum for 2025-26 | 94.0 | 181.0 | 15.585 | 1.965 |
Number of forecasts | 14 | 12 | 13 | 13 |
ADM Investor Services | 95.0 | 182.0 | 15.815 | 1.993 |
Allendale Inc | 94.8 | 183.0 | 15.840 | 1.947 |
Brock Associates | 95.0 | 185.0 | 15.859 | 1.736 |
Brugler Marketing & Management | 94.5 | 182.0 | 15.625 | 1.900 |
CoBank | 94.0 | na | na | na |
CHS Market Advisors | 95.0 | 186.0 | 16.219 | 2.063 |
Doane Advisory Services | 95.0 | 183.0 | 15.921 | 1.876 |
Futures International | 96.8 | 184.5 | 16.750 | 2.100 |
Grain Cycles | 94.5 | 182.0 | 15.834 | 2.011 |
Marex Capital | 94.0 | na | 15.600 | 2.000 |
Midland Research | 95.0 | 184.5 | 16.025 | 2.107 |
Northstar Commodity | 95.2 | 183.0 | 15.940 | 1.800 |
Sid Love Consulting | 95.0 | 185.0 | 15.993 | 2.170 |
Zaner Ag Hedge | 95.0 | 181.5 | 15.795 | 2.010 |
SOYBEANS
Planted acres | Yield | Production | 2026-27 end-stocks | |
Average trade estimate | 84.9 | 52.8 | 4.412 | 0.349 |
Highest trade estimate | 86.0 | 53.5 | 4.490 | 0.440 |
Lowest trade estimate | 83.5 | 52.0 | 4.320 | 0.250 |
USDA 2026 Long-term forecast | 85.0 | 53.0 | 4.465 | 0.314 |
USDA final 2025-26 figures | 81.2 | 53.0 | 4.262 | 0.350 |
USDA 2025 outlook forum for 2025-26 | 84.0 | 52.5 | 4.370 | 0.320 |
Number of forecasts | 14 | 12 | 13 | 13 |
| ||||
ADM Investor Services | 85.0 | 53.0 | 4.465 | 0.374 |
Allendale Inc | 85.0 | 53.5 | 4.490 | 0.301 |
Brock Associates | 85.2 | 53.0 | 4.473 | 0.350 |
Brugler Marketing & Management | 85.5 | 52.5 | 4.430 | 0.315 |
CoBank | 86.0 | na | na | na |
CHS Market Advisors | 84.5 | 53.0 | 4.434 | 0.384 |
Doane Advisory Services | 84.0 | 52.5 | 4.370 | 0.250 |
Futures International | 84.0 | 53.3 | 4.320 | 0.345 |
Grain Cycles | 85.5 | 53.0 | 4.484 | 0.396 |
Marex Capital | 86.0 | na | 4.335 | 0.400 |
Midland Research | 84.6 | 52.3 | 4.370 | 0.265 |
Northstar Commodity | 85.0 | 52.0 | 4.375 | 0.440 |
Sid Love Consulting | 85.0 | 53.0 | 4.465 | 0.375 |
Zaner Ag Hedge | 83.5 | 52.5 | 4.340 | 0.340 |
WHEAT
Planted acres | Yield | Production | 2026-27 end-stocks | |
Average trade estimate | 44.8 | 51.9 | 1.895 | 0.901 |
Highest trade estimate | 46.5 | 53.0 | 2.000 | 0.990 |
Lowest trade estimate | 44.0 | 50.8 | 1.819 | 0.860 |
USDA 2026 Long-term forecast | 44.0 | 50.8 | 1.819 | 0.832 |
USDA final 2025-26 figures | 45.3 | 53.3 | 1.985 | 0.931 |
USDA 2025 outlook forum for 2025-26 | 47.0 | 50.1 | 1.926 | 0.826 |
Number of forecasts | 13 | 12 | 13 | 13 |
ADM Investor Services | 44.0 | 52.5 | 1.880 | 0.910 |
Allendale Inc | 44.3 | 50.8 | 1.833 | 0.915 |
Brock Associates | 44.5 | 50.8 | 1.839 | 0.865 |
Brugler Marketing & Management | 44.5 | 53.0 | 1.906 | 0.875 |
CHS Market Advisors | 44.9 | 53.0 | 1.963 | 0.903 |
Doane Advisory Services | 45.3 | 53.0 | 1.965 | 0.940 |
Futures International | 46.5 | 52.3 | 1.940 | 0.900 |
Grain Cycles | 44.0 | 50.8 | 1.819 | 0.862 |
Marex Capital | 46.0 | na | 2.000 | 0.975 |
Midland Research | 44.3 | 51.7 | 1.835 | 0.860 |
Northstar Commodity | 44.5 | 53.0 | 1.900 | 0.990 |
Sid Love Consulting | 44.0 | 50.8 | 1.819 | 0.862 |
Zaner Ag Hedge | 45.6 | 51.5 | 1.930 | 0.860 |