The USDA released its quarterly estimate of U.S. Grain Stocks and the annual June Acreage Report on June 30, 2025. U.S. corn stocks exceeded analyst’s expectations, reporting at 18 million bushels more than estimated by trade analysts. Soybean and wheat stocks also exceeded trade expectations by 33 million bushels and 14 million bushels respectively. Corn and soybean acreage were slightly less than expectations, while trade analysts...