World S&D Summary 6/11/26

World S&D Summary             6/11/26
Million metric tons
            --------Corn-------     ------Soybeans-----    -------Wheat------
Crop Year    25-26   25-26   26-27  25-26   25-26   26-27  25-26   25-26   26-27
Report Dat 6/11/26 5/12/26 6/11/266/11/26 5/12/26 6/11/266/11/26 5/12/26 6/11/26
Carryin     295.98  296.95  303.36 126.00  125.13  125.52 259.53  279.21  279.95
Production 1326.67 1295.38 1300.38 429.20  441.54  441.34 844.36  819.06  820.06
Ttl Supply 1622.65 1592.33 1603.74 555.20  566.67  566.861103.89 1098.27 1100.01

Feed        823.33  829.26  832.56                        168.41  160.92  162.21
Crush                              371.11  383.14  383.09
Other       495.96  485.53  489.96  56.84   57.55   57.69 655.53  662.31  662.38
Total Use  1319.29 1314.79 1322.52 427.95  440.69  440.78 823.94  823.23  824.59

EndCarryou  303.36  277.54  281.22 125.52  124.78  124.88 279.95  275.04  275.42
Stks/UseRa   23.0%   21.1%   21.3%  29.3%   28.3%   28.3%  34.0%   33.4%   33.4%

USDA estimated 281.22 mmt of global corn ending stocks in 2026-27, down 7.3% 
from 2025-26. USDA increased its estimate of global ending corn stocks for 
2025-26 from 296.95 mmt to 303.36 mmt, larger than expected. 

USDA forecasted 124.88 mmt of global soybean ending stocks in 2026-27, down 
less than 1% from 2025-26. USDA slightly increased its estimate of world 
soybean stocks for 2025-26 from 125.13 mmt to 125.52 mmt, very close to 
expectations. 

USDA forecasted 275.42 mmt of global wheat ending stocks in 2026-27, down 1.6% 
from 2025-26. USDA slightly increased its estimate of world ending wheat stocks 
for 2025-26 from 279.21 mmt to 279.95 mmt, close to expectations.