The USDA has raised their expectations for 2026 U.S. corn and soybean production.

Corn is now seen at 16.013 billion bushels, with soybeans at 4.519 billion bushels, both up slightly from July with lower yield projections more than canceled out by increased planted and harvested area numbers for both crops.

If realized, that is the second largest U.S. corn crop on record after the 2025 total of 17.021 billion bushels, and soybeans would be an all-time high, coming in a few hundred million bushels larger than the previous year’s final number of 4.262 billion bushels.

The corn yield is now pegged at 180.7 bushels per acre, compared to 183 a month ago and 186.5 a year ago, while the soybean yield is currently placed at 52.7 bushels per acre, compared to 53 both last month and last year.