The U.S. Department of Agriculture (USDA) forecasts the U.S. soybean production for the 2025/2026 marketing year at 4.262 billion bushels in January, compared to market expectations of 4.229 billion bushels and the December forecast of 4.253 billion bushels. The U.S. soybean ending stocks for the 2025/2026 marketing year are forecasted at 350 million bushels in January, compared to market expectations of 292 million bushels and the December forecast of 290 million bushels. The U.S. soybean yield for the 2025/2026 marketing year is forecasted at 53 bushels per acre in January, compared to market expectations of 5.27 billion bushels and the December forecast of 53 bushels per acre.