April WASDE Holds Corn, Soybean Ending Stocks Steady, Raises Wheat Stocks

After 1,006 past bearish report events, Wheat (SRW) moved a median +0.0% over 5 sessions (50% higher; middle half -1.6% to +1.8%), and +0.3% over 20.

• Feb 11, 2025USDA Defies Expectations, Holds Corn and Soybean Ending Stocks Steady+2.0%
• Jun 12, 2023USDA Increases Corn, Soybean, Wheat Ending Stocks - ProAg+1.1%
• Oct 12, 2018USDA raises corn, soybean and wheat ending stocks estimates | 2018-10-12 | World Grain+8.1%
• Dec 12, 2018USDA raises 2019 wheat and corn ending stocks | 2018-12-12 | World Grain+3.7%
• Aug 13, 2020WASDE steady on wheat, bearish on corn, soybeans - Grain Central+0.7%

After 770 past neutral report events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% over 20.

• Feb 11, 2025USDA Defies Expectations, Holds Corn and Soybean Ending Stocks Steady+1.4%
• Apr 1, 2026USDA leaves U.S. soybean, corn, wheat ending stocks unchanged-1.7%
• Dec 12, 2016World corn, soybean stocks hold steady, report shows+1.3%
• Nov 11, 2024WASDE Shows Decrease in US Corn and Soybean Ending Stocks in 2024/2025-1.2%
• Jul 13, 2021USDA raises U.S. soybean ending stocks, corn unchanged - UkrAgroConsult-10.7%

After 563 past neutral report events, Soybeans moved a median -0.1% over 5 sessions (48% higher; middle half -1.7% to +1.6%), and -0.1% over 20.

• Feb 11, 2025USDA Defies Expectations, Holds Corn and Soybean Ending Stocks Steady-1.0%
• Apr 1, 2026USDA leaves U.S. soybean, corn, wheat ending stocks unchanged-0.8%
• Dec 12, 2016World corn, soybean stocks hold steady, report shows-0.1%
• Jul 13, 2021USDA raises U.S. soybean ending stocks, corn unchanged - UkrAgroConsult-0.3%
• Mar 10, 2026USDA March WASDE Holds U.S. Ending Stocks Steady, Cuts Argentina Output-2.1%