# USDA Releases First New-Crop Estimates in Today's WASDE

> USDA's May WASDE gave first 2026/27 estimates, with U.S. soybean and wheat ending stocks below trade expectations and corn stocks above. Global 2026/27 ending stocks for corn, soybeans and wheat were also below expectations, while Argentina and Brazil 2025/26 corn output was raised.

- Date: 2026-06-01 · published 2026-06-01T12:00:00.000Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/19197-usda-releases-first-new-crop-estimates-in-today-s-wasde
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Lower global new-crop stocks support prices for feed grains and oilseeds, and higher South American corn adds some offsetting export supply.

## Read by commodity

- SOY: bullish ▲
- CORN: neutral
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2026-05-14 | [Markets React as USDA Releases First Look at 2026/27 Estimates](https://feedsoft.ai/events/19193-markets-react-as-usda-releases-first-look-at-2026-27-estimates.md) | -1.3% | -8.2% |
| SOY | 2023-02-08 | [USDA Releases February Crop Production, WASDE Reports](https://feedsoft.ai/events/37262-usda-releases-february-crop-production-wasde-reports.md) | +1.5% | +0.8% |
| SOY | 2020-06-11 | [USDA Releases June Crop Production, WASDE Reports](https://feedsoft.ai/events/52459-usda-releases-june-crop-production-wasde-reports.md) | +0.7% | +3.8% |
| SOY | 2021-05-12 | [Markets mixed on new crop estimates](https://feedsoft.ai/events/47043-markets-mixed-on-new-crop-estimates.md) | -3.9% | -4.6% |
| SOY | 2026-04-10 | [USDA Raises Wheat, Corn and Soy Price Estimates - Farm Policy News](https://feedsoft.ai/events/19746-usda-raises-wheat-corn-and-soy-price-estimates-farm-policy-news.md) | -0.1% | +1.0% |
| WHEAT | 2026-05-14 | [Markets React as USDA Releases First Look at 2026/27 Estimates](https://feedsoft.ai/events/19193-markets-react-as-usda-releases-first-look-at-2026-27-estimates.md) | +0.7% | -4.2% |
| WHEAT | 2025-07-11 | [USDA Lowers New-Crop Corn Ending Stocks More Than Expected in Latest WASDE.](https://feedsoft.ai/events/23706-usda-lowers-new-crop-corn-ending-stocks-more-than-expected-in-latest-wasde.md) | -2.3% | -2.1% |
| WHEAT | 2024-08-13 | [S/D Estimates Released \| Red River Farm Network](https://feedsoft.ai/events/28714-s-d-estimates-released-red-river-farm-network.md) | -6.7% | -2.9% |

## Sources

- agriculture.com: https://www.agriculture.com/may-usda-wasde-report-11971540

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