New-Crop Soy Production Up, But Ending Stocks Steady

U.S. soybean ending stocks for 2026–27 were left unchanged in the USDA’s July supply and demand report on Friday, even after a larger planted area raised the expected size of the new-crop harvest. The USDA maintained its new-crop carryout forecast at 310 million bu, unchanged from June and well below the average pre-report trade expectation of roughly 332 million.New-crop soybean production was increased by 40 million bu to 4.475 billion, reflecting a 700,000-acre increase in planted