# USDA Lowers Corn, Wheat and Cattle Outlooks in August WASDE - RFD

> The August WASDE showed 2026/27 US corn production near 16 billion bushels and ending stocks cut 137 million to 1.7 billion, with exports raised to 3.3 billion bushels. Wheat production and stocks were lowered, and the soybean crop rose to 4.5 billion bushels. The season-average corn price forecast was raised to $4.50 per bushel.

- Date: 2026-08-12 · published 2026-08-12T12:00:00.000Z
- Category: report · region US · magnitude high
- Page: https://feedsoft.ai/events/17855-usda-lowers-corn-wheat-and-cattle-outlooks-in-august-wasde-rfd
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Higher corn exports and lower stocks support prices, and reduced wheat supplies add to upward pressure. The larger soybean crop limits gains for soybeans.

## Read by commodity

- SOY: bearish ▼
- CORN: bullish ▲
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2020-11-10 | [USDA Lowers Corn, Soybean and Wheat Ending Stocks](https://feedsoft.ai/events/50091-usda-lowers-corn-soybean-and-wheat-ending-stocks.md) | +9.7% | +8.7% |
| CORN | 2019-11-12 | [WASDE Lowers Wheat, Corn and Soybean Forecasts \| AgWired](https://feedsoft.ai/events/56021-wasde-lowers-wheat-corn-and-soybean-forecasts-agwired.md) | -0.5% | -2.9% |
| CORN | 2023-12-08 | [USDA’s December WASDE Forecasts Lower Domestic Corn and Wheat Supplies](https://feedsoft.ai/events/32629-usda-s-december-wasde-forecasts-lower-domestic-corn-and-wheat-supplies.md) | -2.7% | -0.3% |
| CORN | 2024-11-08 | [USDA Surprisingly Lowers Corn and Soybean Yield and Ending Stocks in WASDE - AgWeb](https://feedsoft.ai/events/13135-usda-surprisingly-lowers-corn-and-soybean-yield-and-ending-stocks-in-wasde-agweb.md) | -1.4% | -2.0% |
| CORN | 2022-08-12 | [USDA Lowers Corn Production, Increases Soybean Production in August Reports](https://feedsoft.ai/events/39956-usda-lowers-corn-production-increases-soybean-production-in-august-reports.md) | -0.7% | -1.6% |
| WHEAT | 2019-11-12 | [WASDE Lowers Wheat, Corn and Soybean Forecasts \| AgWired](https://feedsoft.ai/events/56021-wasde-lowers-wheat-corn-and-soybean-forecasts-agwired.md) | +3.4% | +0.5% |
| WHEAT | 2023-12-08 | [USDA’s December WASDE Forecasts Lower Domestic Corn and Wheat Supplies](https://feedsoft.ai/events/32629-usda-s-december-wasde-forecasts-lower-domestic-corn-and-wheat-supplies.md) | -4.0% | +1.2% |
| WHEAT | 2018-08-13 | [WASDE Review August 2018 : Soybean / Wheat / Corn](https://feedsoft.ai/events/63482-wasde-review-august-2018-soybean-wheat-corn.md) | -1.8% | +3.1% |

## Sources

- rfdtv.com: https://www.rfdtv.com/usda-lowers-corn-wheat-and-cattle-outlooks-in-august-wasde

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