# CBOT weekly outlook: USDA report sways soy, corn - Manitoba Co-operator

> USDA's March WASDE caused a stir in CBOT corn and soybean markets. The report showed US corn exports up 175 million bushels and corn stocks down 225 million to 2.127 billion bushels, with May corn settling at $3.9325. US soybean exports fell 35 million bushels to 2.065 billion and stocks rose 25 million to 555 million, with May soybeans at $10.64.

- Date: 2018-03-08 · published 2018-03-08T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/10891-cbot-weekly-outlook-usda-report-sways-soy-corn-manitoba-co-operator
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Lower US corn stocks and strong export sales support corn prices, which raises feed grain costs. Higher US soybean stocks and little room for further soybean rallies keep soybean prices steady to weaker.

## Read by commodity

- SOY: neutral
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2018-02-08 | [CBOT weekly outlook: USDA report delivers no surprises - AgCanada](https://feedsoft.ai/events/66452-cbot-weekly-outlook-usda-report-delivers-no-surprises-agcanada.md) | +3.5% | +7.2% |
| SOY | 2017-03-14 | [Soybeans poised to beat out wheat, barley - Manitoba Co-operator](https://feedsoft.ai/events/72066-soybeans-poised-to-beat-out-wheat-barley-manitoba-co-operator.md) | +0.3% | -5.5% |
| SOY | 2026-02-10 | [USDA Keeps Soybeans Steady, Boosts Corn Export Outlook in February WASDE Report - RFD](https://feedsoft.ai/events/20550-usda-keeps-soybeans-steady-boosts-corn-export-outlook-in-february-wasde-report.md) | +2.1% | +6.9% |
| SOY | 2016-12-12 | [Grain market steady after USDA report - Farmers Weekly](https://feedsoft.ai/events/73541-grain-market-steady-after-usda-report-farmers-weekly.md) | -0.1% | -3.1% |
| SOY | 2017-07-13 | [USDA: Corn stocks increase, soybeans decrease - Mid-West Farm Report](https://feedsoft.ai/events/69889-usda-corn-stocks-increase-soybeans-decrease-mid-west-farm-report.md) | -1.7% | -5.3% |
| CORN | 2023-10-12 | [CBOT weekly outlook: Markets react bullishly to USDA report - AgCanada](https://feedsoft.ai/events/33588-cbot-weekly-outlook-markets-react-bullishly-to-usda-report-agcanada.md) | -0.4% | -1.5% |
| CORN | 2019-09-30 | [U.S. grains: Soy, corn rally on smaller-than-expected stockpiles - Manitoba Co-operator](https://feedsoft.ai/events/57114-u-s-grains-soy-corn-rally-on-smaller-than-expected-stockpiles-manitoba-co.md) | -0.9% | +1.1% |
| CORN | 2026-02-10 | [USDA Keeps Soybeans Steady, Boosts Corn Export Outlook in February WASDE Report - RFD](https://feedsoft.ai/events/20550-usda-keeps-soybeans-steady-boosts-corn-export-outlook-in-february-wasde-report.md) | +0.7% | +1.9% |

## Sources

- agcanada.com: https://www.agcanada.com/daily/cbot-weekly-outlook-usda-report-sways-soy-corn
- manitobacooperator.ca: https://www.manitobacooperator.ca/daily/cbot-weekly-outlook-usda-report-sways-soy-corn/

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