# USDA WASDE report

> Monthly World Agricultural Supply and Demand Estimates, 12:00 ET. Updates US and world balance sheets and season-average price projections. Surprises: US soybean oil price 70 ¢/lb vs prior 59 (+18.6%, bullish); US wheat ending stocks 762 mil bu vs prior 938 (-18.8%, bullish); US soybean season-avg farm price 11.4 $/bu vs prior 10.3 (+10.7%, bullish); US wheat exports 775 mil bu vs prior 900 (-13.9%, bearish); US soybean meal exports 21,700 k st vs prior 19,400 (+11.9%, bullish); US soybean ending stocks 310 mil bu vs prior 350 (-11.4%, bullish); US corn season-avg farm price 4.4 $/bu vs prior 4.15 (+6.0%, bullish); US corn ending stocks 1,957 mil bu vs prior 2,127 (-8.0%, bullish); World corn ending stocks 277.54 mmt vs prior 294.81 (-5.9%, bullish); US soybean exports 1,630 mil bu vs prior 1,540 (+5.8%, bullish); US corn exports 3,150 mil bu vs prior 3,300 (-4.5%, bearish).

- Date: 2026-05-13 · published 2026-05-13T12:00:00.000Z
- Category: report · region US
- Page: https://feedsoft.ai/events/1240-usda-wasde-report-2026-05-13
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Oats](https://feedsoft.ai/c/OATS.md), [Sorghum](https://feedsoft.ai/c/SORGHUM.md), [Barley](https://feedsoft.ai/c/BARLEY.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Chicken](https://feedsoft.ai/c/CHICKEN.md)

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| KWHEAT | 2026-05-11 | 1 | +7.0% | 3.5 | The WASDE balance sheet cut US wheat ending stocks by 18.8%, a bullish stocks surprise, though the report is dated a day after the move and partly offset by lower exports. |
| WHEAT | 2026-05-11 | 1 | +3.2% | 3.6 | WASDE data show US wheat ending stocks cut sharply, bullish for wheat. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2018-08-10 | [USDA WASDE report](https://feedsoft.ai/events/1154-usda-wasde-report-2018-08-10.md) | -7.5% | -9.1% |
| CORN | 2020-11-10 | [USDA WASDE report](https://feedsoft.ai/events/1180-usda-wasde-report-2020-11-10.md) | +9.7% | +8.7% |
| CORN | 2018-03-08 | [USDA WASDE report](https://feedsoft.ai/events/1149-usda-wasde-report-2018-03-08.md) | +2.4% | +5.3% |
| CORN | 2023-05-12 | [USDA WASDE report](https://feedsoft.ai/events/1205-usda-wasde-report-2023-05-12.md) | -8.7% | -8.7% |
| CORN | 2026-07-10 | [USDA WASDE report](https://feedsoft.ai/events/1242-usda-wasde-report-2026-07-10.md) | +0.6% | +1.4% |
| SOY | 2018-03-08 | [USDA WASDE report](https://feedsoft.ai/events/1149-usda-wasde-report-2018-03-08.md) | -2.5% | -2.3% |
| SOY | 2020-11-10 | [USDA WASDE report](https://feedsoft.ai/events/1180-usda-wasde-report-2020-11-10.md) | +4.4% | +3.7% |
| SOY | 2018-08-10 | [USDA WASDE report](https://feedsoft.ai/events/1154-usda-wasde-report-2018-08-10.md) | -0.3% | -6.3% |

## Sources

- USDA WAOB: https://www.usda.gov/oce/commodity/wasde

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