USDA Grain Stocks Report: USA Pulse Inventories Surge as of June 1, 2026

The latest USDA Grain Stocks Report, released on June 30, 2026, shows a notable build-up in U.S. pulse inventories as of June 1, 2026. Stocks of lentils, dry peas, and chickpeas all increased significantly compared with the same period last year, reflecting ample supplies from the 2025 harvest and a slower pace of domestic consumption and export movement during the current marketing year.

Lentil Stocks Nearly Double

Lentils recorded the largest year-on-year increase among the major pulse crops. Stocks climbed to 3.08 million cwt, up 94% from June 2025. The sharp rise points to a combination of higher production and relatively slow market disappearance, resulting in a substantial carryover of supplies.

Dry Pea Stocks Increase Moderately

Dry edible pea stocks stood at 3.92 million cwt, an increase of 19% from a year earlier. While the growth was less pronounced than for lentils, inventories remain well above last year's level, indicating that domestic demand and export shipments have not been sufficient to offset the larger available supply.

Chickpea Stocks Continue to Build

Chickpea inventories reached 2.48 million cwt as of June 1, 2026, representing a 40% increase from the previous year. Growth was recorded across both market classes, with small chickpea stocks surging 68% year-on-year, while large chickpea stocks increased 27%.

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