# AgroPages-USDA, WASDE Reports Rallies The Soybean Market 29¢.-Agricultural news

> USDA's September Crop Production and Supply/Demand reports came in above trade expectations for corn and soybean output. Soybeans closed about 29 cents higher, and wheat and soymeal also rose. Dec corn finished 7.5 cents higher.

- Date: 2019-09-13 · published 2019-09-13T12:00:00.000Z
- Category: report · region US · magnitude high
- Page: https://feedsoft.ai/events/10851-agropages-usda-wasde-reports-rallies-the-soybean-market-29-agricultural-news
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

A larger-than-expected U.S. soybean yield and output cut the balance sheet, while the rally lifted related products. Soymeal and soyoil rose with beans, tightening the feed-protein supply outlook.

## Read by commodity

- SBM: bullish ▲
- SBO: bullish ▲
- SOY: bullish ▲
- CORN: bullish ▲
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2017-10-15 | [WASDE Report surprises soybean market - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/68415-wasde-report-surprises-soybean-market-agweek-1-source-for-agriculture-news.md) | -2.1% | -2.3% |
| SOY | 2018-03-30 | [The soybean market is shocked by the USDA report](https://feedsoft.ai/events/66080-the-soybean-market-is-shocked-by-the-usda-report.md) | -1.1% | +0.0% |
| SOY | 2017-01-22 | [Post-USDA report fallout in markets - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/72940-post-usda-report-fallout-in-markets-agweek-1-source-for-agriculture-news.md) | -1.7% | -3.3% |
| SOY | 2021-11-12 | [Soybean complex takes the lead after WASDE yield surprise - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/7047-soybean-complex-takes-the-lead-after-wasde-yield-surprise-agweek-1-source-for.md) | +4.4% | +4.6% |
| SOY | 2020-10-02 | [Farming News - ADM Agriculture Oilseed Rape Market Report](https://feedsoft.ai/events/50747-farming-news-adm-agriculture-oilseed-rape-market-report.md) | +2.6% | +2.8% |
| SBM | 2018-03-30 | [The soybean market is shocked by the USDA report](https://feedsoft.ai/events/66080-the-soybean-market-is-shocked-by-the-usda-report.md) | +0.6% | +2.4% |
| SBM | 2021-11-12 | [Soybean complex takes the lead after WASDE yield surprise - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/7047-soybean-complex-takes-the-lead-after-wasde-yield-surprise-agweek-1-source-for.md) | +7.0% | +7.2% |
| SBM | 2020-10-02 | [Farming News - ADM Agriculture Oilseed Rape Market Report](https://feedsoft.ai/events/50747-farming-news-adm-agriculture-oilseed-rape-market-report.md) | +4.1% | +9.2% |

## Sources

- news.agropages.com: https://news.agropages.com/News/NewsDetail---32040.htm

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.