INDIANAPOLIS — The U.S. Department of Agriculture predicts soybean ending stocks will decrease 16%, or 55 million bushels less than 2024, and corn ending stocks will increase 27%, or 385 million bushels from 2024.

Todd Davis, Indiana Farm Bureau’s chief economist, analyzed the May World Agricultural Supply and Demand Estimates report.

“While the report was not as pessimistic as feared, the increase in corn ending stocks will be a headwind limiting price potential,” he said.

“USDA is currently assuming weather that would produce record yields, so any weather event that reduces yield potential would reduce supply and potentially reduce ending stocks.

“But it’s always important to keep in mind that these predictions are preliminary. There’s still a lot of room for Mother Nature to fiddle

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