Core Insights - The USDA quarterly inventory report provides detailed data on grain stocks as of June 1, comparing actual figures with expectations [1] Group 1: Soybeans - The soybean inventory as of June 1, 2025, is reported at 10.08 billion bushels, showing an increase from 9.8 billion bushels in the previous quarter [1] - The March 1, 2025, soybean inventory was 19.1% higher than the previous year, which was 9.75 billion bushels [1] Group 2: Corn - The corn inventory as of June 1, 2025, stands at 46.44 billion bushels, slightly up from 46.41 billion bushels in the previous quarter [1] - The March 1, 2025, corn inventory was significantly higher at 81.51 billion bushels compared to 49.93 billion bushels a year earlier, indicating a substantial year-over-year increase [1] Group 3: Wheat - The wheat inventory as of June 1, 2025, is recorded at 8.51 billion bushels, an increase from 8.36 billion bushels in the previous quarter [1] - The March 1, 2025, wheat inventory was 12.37 billion bushels, up from 7.02 billion bushels the previous year, reflecting a notable growth [1]

Group 1 - The core viewpoint indicates that U.S. agricultural futures are experiencing a widespread decline, with corn futures hitting a new low for the year [1] - The upcoming release of U.S. grain inventory data is anticipated, with expectations of ample supply influencing market direction [1]