# Markets retract following ‘another neutral WASDE report’ | An official publication of Michigan Farm Bureau

> Markets fell across the board after the June WASDE, with corn, soybean and wheat ending stocks mostly unchanged from May. Wheat stocks came in below the prior month and at the low end of trade guesses. Traders then shifted focus to weather and the June 30 acreage report.

- Date: 2026-06-11 · published 2026-06-11T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/18735-markets-retract-following-another-neutral-wasde-report-an-official-publication
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

With no new supporting data, the report left prices to follow weather and acreage expectations. The wheat carryout at the low end of estimates is the only supportive element.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼
- WHEAT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2022-07-12 | [Latest USDA WASDE report hits markets hard \| An official publication of Michigan Farm Bureau](https://feedsoft.ai/events/4308-latest-usda-wasde-report-hits-markets-hard-an-official-publication-of-michigan.md) | -13.6% | -16.3% |
| CORN | 2025-02-11 | [Markets turn red following USDA’s February WASDE surprises \| An official publication of Michigan Farm Bureau](https://feedsoft.ai/events/25990-markets-turn-red-following-usda-s-february-wasde-surprises-an-official.md) | +1.4% | -5.7% |
| CORN | 2022-01-12 | [Commodity markets take USDA’s WASDE in stride \| An official publication of Michigan Farm Bureau](https://feedsoft.ai/events/43103-commodity-markets-take-usda-s-wasde-in-stride-an-official-publication-of.md) | -2.6% | +3.6% |
| CORN | 2025-11-14 | [USDA's WASDE turns markets bearish despite yield cuts \| An official publication of Michigan Farm Bureau](https://feedsoft.ai/events/21891-usda-s-wasde-turns-markets-bearish-despite-yield-cuts-an-official-publication.md) | -0.8% | -0.3% |
| CORN | 2022-06-20 | [Brazil expecting historic 2nd-crop corn yields despite less than ideal weather \| An official publication of Michigan Farm Bureau](https://feedsoft.ai/events/13718-brazil-expecting-historic-2nd-crop-corn-yields-despite-less-than-ideal-weather.md) | -3.7% | -11.8% |
| SOY | 2022-07-12 | [Latest USDA WASDE report hits markets hard \| An official publication of Michigan Farm Bureau](https://feedsoft.ai/events/4308-latest-usda-wasde-report-hits-markets-hard-an-official-publication-of-michigan.md) | -8.8% | -1.3% |
| SOY | 2025-02-11 | [Markets turn red following USDA’s February WASDE surprises \| An official publication of Michigan Farm Bureau](https://feedsoft.ai/events/25990-markets-turn-red-following-usda-s-february-wasde-surprises-an-official.md) | -1.0% | -4.9% |
| SOY | 2025-11-14 | [USDA's WASDE turns markets bearish despite yield cuts \| An official publication of Michigan Farm Bureau](https://feedsoft.ai/events/21891-usda-s-wasde-turns-markets-bearish-despite-yield-cuts-an-official-publication.md) | -0.8% | -4.9% |

## Sources

- michiganfarmnews.com: https://www.michiganfarmnews.com/markets-retract-following-another-neutral-wasde-report-

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