Old-crop corn held in the United States on 1 September 2026 totalled 2.10 billion bushels, up 35% from a year earlier, the USDA's National Agricultural Statistics Service (NASS) said in its Grain Stocks report on 30 September. Old-crop soybeans in all positions were down 3% and all wheat stocks down 13% from 1 September 2025.
Of the corn, 787 million bushels were stored on farms, up 22%, and 1.31 billion bushels off farms, up 44%. Indicated disappearance from June to August 2026 was 3.20 billion bushels, against 3.09 billion bushels in the same months of 2025. With the marketing year complete, NASS also revised its 2025 figures: corn production down by less than 1% and soybean production down slightly.
All wheat stored on 1 September totalled 1.85 billion bushels, down 14% from a year ago, with 547 million bushels on farms (down 21%) and 1.30 billion bushels off farms (down 10%). June-August disappearance was 608 million bushels, down 14%. Durum wheat stocks were 62.9 million bushels, down 13%, of which 43.8 million bushels were on farms and 19.1 million bushels off farms.
NASS's Small Grains Annual Summary, released the same day, put 2026 all wheat production at 1.53 billion bushels, down 23% from the revised 2025 total. Harvested area was 31.9 million acres, down 15%, and the average yield 48.1 bushels per acre, down 10%. By type, winter wheat came to 1.02 billion bushels (down 27%), other spring wheat 450 million bushels (down 10%) and durum 64.8 million bushels (down 24%).
NASS ran separate surveys of on-farm and off-farm stocks in the first two weeks of September to prepare the report.
Why it matters beyond the US: American grain stocks and harvests are among the figures that set world grain prices, and those prices reach import-dependent countries such as Bangladesh through the cost of imported wheat and of maize used in animal feed. This report shows ample corn on hand and a much smaller US wheat crop.
Source: USDA National Agricultural Statistics Service
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