USDA Forecasts U.S. Wheat Stocks at 6-Year Peak as Global Output Surges
January 20, 2026
January 20, 2026
WASHINGTON, Jan. 20 (TNSLrpt) -- The U.S. Department of Agriculture's Economic Research Service has released Wheat Outlook: January 2026 (WHS-26a), coordinated by Andrew Sowell, projecting 2025/26 U.S. wheat ending stocks at 926 million bushels--up 25 million from December and 8 percent above last year--for the highest level since 2019/20, driven by reduced domestic use and steady exports. Issued January 14, 2026, and approved by USDA's World Agricultural Outlook Board, the report hold . . .