The latest USDA quarterly report shows interesting shifts in agricultural commodity stocks heading into the new quarter. Corn inventory came in at 13.282 billion bushels, slightly beating the 13.106B estimate but a dramatic drop from the prior period's 1.532B figure. Soybean stocks landed at 3.290B versus the 3.281B forecast, essentially in line with expectations. Meanwhile, all wheat categories totaled 1.675B bushels—above the 1.645B estimate but notably lower than the previous 2.120B level. These tighter stockpiles across major crops could signal tightening supply pressures ahead, potentially influencing broader commodity price dynamics and inflation trends that ripple through financial markets.