The Hightower Report said, “All eyes on the USDA today with the biggest data dump of the year, including quarterly grain stocks as of December 1, supply and demand balance sheet updates for the U.S. and world and the initial look at winter wheat seedings for 2026.” Matthew Lucas at Total Farm Marketing said, “Estimates for today’s WASDE report suggest a modest 0.3 bushel-per-acre cut to the U.S. soybean yield, lowering it to 52.7 bpa. Ending stocks are expected to remain unchanged, while attention shifts to South America, where the USDA is expected to raise its Brazilian production estimate to 176.5 million metric tons, up from 175.0 million in the December report.”