World supply: who grows and sells the grain
USDA's country-by-country estimates for wheat, corn and soybeans: production, exports and ending stocks for the 2026/27 season, with the change from last month's USDA report and from last year. Million metric tons (MMT).
- World soybeans crop 2026/27: 442.7 MMT, up 13.5 from last year; ending stocks 124.3 MMT.
- Top exporters: Brazil 118.0 MMT (up 3.5 vs last year), United States 46.1 MMT (up 4.9 vs last year), Argentina 6.5 MMT (down 2.5 vs last year).
| Soybeans 2026/27 | Production | vs last month | vs last year | Exports | vs last month | vs last year | Ending stocks | vs last year |
|---|---|---|---|---|---|---|---|---|
| World | 442.7 | n/a | +13.5 | 192.0 | n/a | +5.6 | 124.3 | -0.6 |
| Brazil | 186.0 | n/a | +5.5 | 118.0 | n/a | +3.5 | 37.3 | -0.6 |
| United States | 124.1 | n/a | +8.2 | 46.1 | n/a | +4.9 | 8.6 | 0.0 |
| Argentina | 50.0 | n/a | +0.7 | 6.5 | n/a | -2.5 | 24.1 | +0.4 |
| China | 21.0 | n/a | +0.1 | 0.1 | n/a | 0.0 | 44.3 | -0.1 |
USDA release: October 2026; month-over-month changes start with USDA's next release. Marketing years differ by country (for example Brazil's soybean year starts in February); USDA lines them up by season. 1 MMT of wheat or soybeans = 36.7 million bushels; of corn = 39.4 million bushels.
Source: USDA Foreign Agricultural Service, Production, Supply and Distribution (PSD), the same estimates behind the WASDE world tables. Updated the day of each WASDE report. See also WASDE in plain English, U.S. export shipments and the China tracker.