Free tools Windows power users keep installed
One-click scans. No signup required.
The November 2026 USDA World Agricultural Supply and Demand Estimates (WASDE) report is scheduled for November 10 at 12:00 p.m. Eastern Time. It is a monthly forecast of agricultural supply and use—not a guarantee of crop prices, cash bids, or farm revenue. Farmers can use it as one planning input by comparing revisions to supply, use, and ending stocks with both the previous report and market expectations.
When is the November 2026 WASDE report?
USDA’s release schedule lists the November WASDE for November 10, 2026, at noon Eastern Time. The scheduled October report is October 9 at noon Eastern. Check the USDA WASDE page for the report and schedule details.
As of October 8, 2026, the November report has not been published, so no November-specific revisions or estimates can yet be assessed.
What does WASDE cover?
WASDE is a monthly USDA report forecasting annual supply and use for U.S. and world wheat, rice, coarse grains, oilseeds, and cotton. It also covers U.S. supply and use of sugar, meat, poultry, eggs, and milk, as well as Mexico’s sugar. The World Agricultural Outlook Board (WAOB) coordinates and issues the report, with USDA agencies contributing information and analysis.
The estimates draw on producer and industry surveys, market news, trade data, foreign reports, satellite imagery, weather information, agency data, economic models, statistical analysis, and expert judgment. ERS describes the forecasting work as a two-week consensus process. The National Agricultural Statistics Service provides most U.S. crop production forecasts, but ERS says NASS is not part of the interagency committees. See USDA ERS’s explanation of agricultural outlook work.
How should farmers read the crop balance sheets?
Start with the crop and marketing year that matter to your operation. Then read supply, use, and ending stocks together: an isolated number rarely tells the whole story. Compare each estimate with the prior WASDE and note which underlying information or assumptions changed.
- Supply: Consider the available crop and other sources of supply shown in the relevant balance sheet.
- Use: Look at projected domestic use and exports in relation to supply.
- Ending stocks: This is the projected amount remaining at the end of the marketing year. CME Group identifies corn, wheat, and soybean ending stocks as figures market participants watch.
For a U.S. crop outlook, global production, consumption, trade, and stocks can add important context. WASDE includes both U.S. and world supply-and-use forecasts for major crops, so avoid interpreting a domestic revision without considering the broader balance.
Why compare the report with market expectations?
A report’s effect on futures can depend not only on the published estimate but also on how it compares with what traders expected. CME Group explains that smaller-than-expected ending stocks can be supportive to futures, while larger-than-expected stocks can weigh on them. These are general market tendencies, not guaranteed price moves; other information and trading conditions also matter. See CME Group’s grain and oilseed market overview.
The Tool Desk
Outbyte Driver Updater FREEFix the driver behind crashes, sound loss and screen glitchesFind Drivers →Outbyte PC Repair FREERepair Windows errors before they cause bigger problemsFix Now →For that reason, distinguish three comparisons when you read the report: the new estimate versus the prior WASDE, the estimate versus market expectations, and the implications across the full balance sheet. A headline revision may be less informative than whether supply and use together leave stocks tighter or looser than anticipated.
How to use WASDE in farm planning
- Identify your exposure. Focus on the commodity and marketing year relevant to what you produce, buy, store, or have contracted.
- Mark the revisions. Compare the new supply, use, and ending-stock estimates with the previous report, and read the report’s explanations for changes.
- Put the revision in context. Consider the corresponding global outlook and, where relevant, market expectations rather than treating one number as a price signal by itself.
- Apply it to your own numbers. Evaluate local basis, storage costs, cash flow, contract terms, and risk-management choices separately; WASDE does not provide farm-specific recommendations.
WASDE helps define commodity-market fundamentals and can inform decisions by farmers, ranchers, businesses, and governments, but its figures remain forecasts. They cannot establish the cash price available in your area or predict your operation’s realized revenue.
Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.How the November WASDE differs from USDA’s November baseline update
USDA ERS also updates its Agricultural Baseline database annually in early November. That product adds an additional projection year for major U.S. field crops—including corn, wheat, rice, soybeans, and cotton—and livestock. It is a longer-range projection resource, distinct from the monthly WASDE report. ERS describes the database at Agricultural Baseline Database.
USDA’s WASDE page provides the report, archives, historical data, visualization, and notification signup: USDA WASDE.
Quick Recap
Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on Amazon at the time of purchase will apply.
