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Monthly World Agricultural Supply and Demand Estimates, 12:00 ET. Updates US and world balance sheets and season-average price projections.
Surprises: US corn ending stocks 1,790 mil bu vs prior 1,960 (-8.7%, bullish); US wheat ending stocks 722 mil bu vs prior 744 (-3.0%, bullish); World corn ending stocks 275.26 mmt vs prior 281.22 (-2.1%, bullish).
USDA WAOBTras 3207 eventos de informe pasados, Maíz se movió una mediana de +0,2 % en 5 sesiones (54% al alza; mitad central entre -1,3 % y +1,7 %), y +0,5 % en 20.
Tras 2389 eventos de informe pasados, Soja se movió una mediana de 0,0 % en 5 sesiones (50% al alza; mitad central entre -1,6 % y +1,9 %), y +0,1 % en 20.
Tras 1283 eventos de informe pasados, Harina de soja se movió una mediana de -0,1 % en 5 sesiones (47% al alza; mitad central entre -2,0 % y +1,7 %), y -0,2 % en 20.
Tras 686 eventos de informe pasados, Aceite de soja se movió una mediana de -0,0 % en 5 sesiones (49% al alza; mitad central entre -1,8 % y +2,0 %), y -0,0 % en 20.
Variaciones de la referencia de cada materia prima desde el último cierre antes del evento. Las lecturas históricas agrupan eventos pasados del mismo tipo; describen lo ocurrido, no lo que ocurrirá. No es asesoramiento de inversión.
The July WASDE cut US wheat ending stocks by 3%, a bullish supply surprise that supported prices.
The bullish WASDE surprises (lower US corn and wheat ending stocks, lower world corn stocks) tightened the outlook for competing feed grains, and barley typically follows corn and wheat as a substitute feed grain, so the report plausibly spurred buying; the report was released on 2026-07-10 (Friday) with the move recorded on 2026-07-13, and it contains no barley-specific data, so the link is indirect.
The July 10 WASDE showed bullish cuts to US corn and wheat ending stocks, which likely lifted the broader feed grain complex and spilled over into oats during the 5-day window.
The 2026-07-10 WASDE cut US corn and wheat ending stocks and world corn stocks, a bullish shift in feed grain balance sheets that could lift oats as a substitute feed grain ahead of the 07-14 jump.
