Grains Report 06/30/2026

DJ USDA Report: Recap for Quarterly Grain, Soybean Stockpiles & U.S. Planted Acreage
The following table of analysts’ estimates is provided as a service to The Wall Street Journal subscribers in conjunction with the U.S. Department of Agriculture’s June 1 Quarterly Grain, Soybean Stockpiles and U.S. Grain, Soybean Planted Acreage reports scheduled for release at noon ET on Tuesday.
U.S. Stockpiles on June 1, 2026 (million bushels)
USDA USDA
Average Range June 1,2025 March 2026
Corn 5,392 5,090-5,500 4,643 9,024
Soybeans 1,051 1,009-1,117 1,008 2,105
Wheat 935 911-955 855 1,300
***
U.S. Grain, Soybean Planted Acreage USDA USDA
(million acres) Average Range March 2025
Corn 94.937 94.0-96.3 95.338 98.788
Soybeans 85.370 84.3-86.0 84.700 81.215
All Wheat 43.834 43.4-44.5 43.775 45.328
Winter Wheat 32.410 32.1-33.1 32.410 33.153
Spring Wheat 9.438 9.2-9.7 9.415 9.990
Durum Wheat 1.969 1.9-2.1 1.950 2.185

DJ USDA Grain Inspections for Export in Metric Tons – Jun 29
WA_GR101
Washington, DC Mon Jun 29, 2026 USDA Market News
COUNTRY OF DESTINATION IS REPORTED AS KNOWN AT THE TIME OF EXPORTATION.
INFORMATION CONTAINED IN THIS REPORT REFLECTS EXPORTED GRAIN INSPECTED
AND WEIGHED THROUGH THE AUTHORITY UNDER THE U.S. GRAIN STANDARDS ACT.
NO ADDITIONAL ANALYSIS, COMPILATIONS OR DATA IS AVAILABLE
GRAINS INSPECTED AND/OR WEIGHED FOR EXPORT
REPORTED IN WEEK ENDING JUN 25, 2026
— METRIC TONS —

————————————————————————-
CURRENT PREVIOUS
———– WEEK ENDING ———- MARKET YEAR MARKET YEAR
GRAIN 06/25/2026 06/18/2026 06/26/2025 TO DATE TO DATE

BARLEY 0 0 0 122 122
CORN 1,786,167 1,467,624 1,380,943 68,881,976 54,955,195
FLAXSEED 0 24 0 48 24
MIXED 0 0 0 0 122
OATS 0 0 0 0 1,297
RYE 0 0 0 0 0
SORGHUM 169,743 39,072 11,000 4,592,271 1,945,201
SOYBEANS 419,124 272,141 237,179 37,298,689 45,892,170
SUNFLOWER 0 0 0 40 0
WHEAT 358,253 396,114 476,581 1,332,932 1,321,549
Total 2,733,287 2,174,975 2,105,703 112,106,078 104,115,680
CROP MARKETING YEARS BEGIN JUNE 1 FOR WHEAT, RYE, OATS, BARLEY AND
FLAXSEED; SEPTEMBER 1 FOR CORN, SORGHUM, SOYBEANS AND SUNFLOWER SEEDS.
INCLUDES WATERWAY SHIPMENTS TO CANADA

DJ Canadian 2026-27 Principal Field Crop Area – StatCan – Jun 30
WINNIPEG–Following is Statistics Canada’s 2026-27 estimates of
principal field crop area report, released June 30, 2026.
Source: Statistics Canada.
2006-27 2026-27 2025-26
June March
Barley 6,704,200 6,440,800 6,135,800
Edible Beans 337,200 295,000 425,900
Canary Seed 235,600 300,800 319,400
Canola 23,441,600 21,839,200 21,623,100
Chickpeas 532,700 575,000 541,000
Corn for grain 3,962,500 3,846,200 3,782,200
Fababeans 51,300 55,900 68,800
Flaxseed 649,900 753,200 620,200
Hemp 42,000 17,900 38,200
Lentils 3,901,800 4,137,600 4,379,600
Mixed grains 356,500 286,600 304,400
Mustard seed 377,800 488,300 361,400
Oats 2,544,800 2,903,400 2,996,100
Peas, dry 3,029,600 3,078,300 3,509,700
Rye 582,300 575,000 682,200
Soybeans 5,960,500 5,889,500 5,781,800
Sugarbeets 37,300 43,100 33,900
Summerfallow 1,191,900 1,197,400 1,079,100
Sunflower seed 76,500 66,100 75,600
Total wheat* 25,329,800 26,737,500** 26,925,000
Durum wheat 5,859,900 6,377,600 6,531,500
Spring wheat 18,066,800 18,781,100 18,808,900
Winter wheat 1,403,100 .. 1,584,600
*Total wheat includes spring wheat, durum wheat, and winter
wheat remaining. **March wheat estimate included all winter
wheat seeded in the fall.

DJ CBOT Delivery Intentions: Totals – Jun 30
Source: CME Group
Contract Quantity Next Trade
Commodity Month Delivery Day Assigned Today Date Available
SOYBEAN OIL July Jul 01, 2026 729 Jun 17, 2026
ROUGH RICE July Jul 01, 2026 662 Jun 26, 2026
CORN July Jul 01, 2026 44 Oct 24, 2025
KC HRW WHEAT July Jul 01, 2026 443 Jun 29, 2026
OATS July Jul 01, 2026 84 Jun 29, 2026
SOYBEAN July Jul 01, 2026 31 May 29, 2026
WHEAT July Jul 01, 2026 25 Apr 22, 2026

WHEAT:
General Comments: Wheat closed lower in both markets yesterday as the harvest continues and as harvest yield reports remain low. Forecasts and reports for improving weather in Wheat areas continue after a very hot week last week. The crop condition ratings are still among the lowest in over 30 years in HRW areas and have provided some support for prices. Crop conditions should start to show some improvement soon but were lower last week. The Winter Wheat harvest is more than 40% done. USDA showed mostly stable crop conditions this week. Spring Wheat progress is about normal, and conditions are rated as stable from the previous week. Conditions are good in the US Midwest, but Europe has been too hot. The weather is now featuring mostly dry conditions for parts of the Midwest along with warming temperatures.
Overnight News: Nigeria bought 100,00o0 tons of US HRS.
Chart Analysis: Trends in Chicago are mixed to down. Support is at 586, 580, and 574 September, with resistance at 609, 626, and 641 September. Trends in Kansas City are mixed to down. Support is at 615, 597, and 586 September, with resistance at 639, 647, and 664 September. Trends in Minneapolis are not available.

RICE:
General Comments Rice closed higher again yesterday and closed at new highs for the move as the market continues to recover. USDA said that Rice planted area would be about 12% less in the coming year. Emergence is about average, and condition was slightly improved from last week. Demand remains moderate to poor for US Rice and was moderate last week.
Overnight News:
Chart Analysis: Trends are mixed to down. Support is at 1330, 1302, and 1268 September and resistance is at 1380, 1392, and 1404 September.

CORN AND OATS
General Comments: Corn was lower yesterday despite big rains in parts of the Midwest that are causing flooding in some fields. It should be drier this week. The crop conditions are strong but unchanged last week in the Midwest and news of lower petroleum prices because of the Iran war continues. Forecasts for good growing conditions continue in the Midwest. Silking is starting. It looks drier this week. Temperatures in the Midwest should be cool for the next week. Oats were sharply lower and trends are still down on the weekly charts.
Overnight News:
Chart Analysis: Trends in Corn are mixed to down. Support is at 407, 404, and 401 September, and resistance is at 427, 430, and 432 September. Trends in Oats are mixed to down. Support is at 302, 296, and 290 September, and resistance is at 324, 329, and 333 September.

SOYBEANS
General Comments: Soybeans and the products were lower yesterday on reports of improved conditions in the Midwest and no new China demand news. Rapid planting and emergence progress was shown by USDA this week and reports of good conditions continue. Condition is rated high by USDA in the latest reports. Futures were also lower on the lack of news on China. Cooler temperatures and wet weather are expected for the next week in the Midwest. There is talk that more Soybeans could be planted as Corn planting is more expensive. The big South American harvests are also weighing on prices. There is more talk of Chinese buying interest in US Soybeans this morning but there has not been any actual news.
Overnight News:
Analysis: Trends in Soybeans are mixed. Support is at 1112, 1107, and 1092 August, and resistance is at 1140, 1145, and 1154 August. Trends in Soybean Meal are mixed. Support is at 301.00, 299.00, and 296.00 August, and resistance is at 306.00, 309.00,and 311.00 August. Trends in Soybean Oil are mixed. Support is at 6760, 6680, and 6440 August, with resistance at 7110, 7310, and 7460 August.

PALM OIL AND CANOLA
General Comments: Palm Oil closed lower today along with Soybean Oil. Canola was a little lower yesterday as conditions remain hot and dry in the Prairies but are starting to improve and on weakness in the outside markets.
Overnight News
Chart Analysis: Trends in Canola are mixed. Support is at 737.00, 728.00, and 710.00 November, with resistance at 740.00, 756.00, and 770.00 November. Trends in Palm Oil are mixed. Support is at 4610, 4510, and 4470 September, with resistance at 4710, 4740, and 4820 September.

DJ Malaysia June 1-30 Palm Oil Exports Rose 11.92% on Month to 1,274,506 Tons, AmSpec Says
By Ronnie Harui
Malaysia’s palm oil exports during the June 1-30 period are estimated up 11.92% on month at 1,274,506 metric tons, cargo surveyor AmSpec Agri Malaysia said Tuesday.
The following are the major items in the AmSpec estimate:
(All figures in metric tons)
June 1-30 May 1-31
RBD Palm Olein 252,523 280,980
RBD Palm Oil 99,755 98,600
RBD Palm Stearin 105,213 92,509
Crude Palm Oil 334,773 210,963
Total* 1,274,506 1,138,781
*Palm oil product volumes don’t add up to total as some products aren’t included.

DJ Malaysian PM Cash Market Prices for Palm Oil – June 30
The following are prices for Malaysian palm oil in the cash market at 1000 GMT Tuesday, supplied by commodity broker Matthes & Porton Bhd.
Prices are quoted in U.S. dollars a metric ton, except for crude palm oil and palm kernel oil, which are in ringgit a ton. Palm kernel oil prices are in ringgit a pikul, a Malaysian measurement equivalent to 60 kilograms.
Refined, bleached and deodorized palm oil, FOB, Malaysian ports
Offer Change Bid Change Traded
July 1142.50 -17.50 Unquoted – –
Jul/Aug/Sep 1142.50 -17.50 Unquoted – –
Oct/Nov/Dec 1162.50 -10.00 Unquoted – –
Jan/Feb/Mar 1177.50 -07.50 Unquoted – –
RBD palm olein, FOB, Malaysian ports
Offer Change Bid Change Traded
July 1147.50 -17.50 Unquoted – –
Jul/Aug/Sep 1147.50 -17.50 Unquoted – –
Oct/Nov/Dec 1167.50 -10.00 Unquoted – –
Jan/Feb/Mar 1182.50 -07.50 Unquoted – –
RBD palm stearin, FOB, Malaysian ports
Offer Change Bid Change Traded
July 1110.00 -12.50 Unquoted – –
Palm Fatty Acid Distillate, FOB Malaysian ports
Offer Change Bid Change Traded
July 1065.00 -10.00 Unquoted – –
Crude palm oil, Delivered Basis, South Malaysia
Offer Change Bid Change Traded
July 4,500.00 -50.00 Unquoted – –
Palm kernel oil, Delivered Basis, South Malaysia
Offer Change Bid Change Traded
July 456.00 -03.00 Unquoted – –
($1=MYR4.078)

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Questions? Ask Jack Scoville today at 312-264-4322