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

> USDA's April 2026 WASDE held U.S. corn and soybean ending stocks steady month over month while raising wheat ending stocks. Global wheat stocks came in above the trade average and the top of the expected range at 278 MMT, while corn and soybean global stocks fell within expected ranges.

- Date: 2026-05-01 · published 2026-05-01T12:00:00.000Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/19667-april-wasde-holds-corn-soybean-ending-stocks-steady-raises-wheat-stocks
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Wheat's higher-than-expected stocks are bearish for wheat as a feed ingredient. Unchanged corn and soybean balances give no fresh directional signal for feed grain prices.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2025-02-11 | [USDA Defies Expectations, Holds Corn and Soybean Ending Stocks Steady](https://feedsoft.ai/events/25987-usda-defies-expectations-holds-corn-and-soybean-ending-stocks-steady.md) | +2.0% | -3.0% |
| WHEAT | 2023-06-12 | [USDA Increases Corn, Soybean, Wheat Ending Stocks - ProAg](https://feedsoft.ai/events/35444-usda-increases-corn-soybean-wheat-ending-stocks-proag.md) | +1.1% | +0.2% |
| WHEAT | 2018-10-12 | [USDA raises corn, soybean and wheat ending stocks estimates \| 2018-10-12  \| World Grain](https://feedsoft.ai/events/62480-usda-raises-corn-soybean-and-wheat-ending-stocks-estimates-2018-10-12-world.md) | +8.1% | +4.6% |
| WHEAT | 2018-12-12 | [USDA raises 2019 wheat and corn ending stocks \| 2018-12-12  \| World Grain](https://feedsoft.ai/events/61509-usda-raises-2019-wheat-and-corn-ending-stocks-2018-12-12-world-grain.md) | +3.7% | +2.0% |
| WHEAT | 2020-08-13 | [WASDE steady on wheat, bearish on corn, soybeans - Grain Central](https://feedsoft.ai/events/51547-wasde-steady-on-wheat-bearish-on-corn-soybeans-grain-central.md) | +0.7% | +11.5% |
| CORN | 2025-02-11 | [USDA Defies Expectations, Holds Corn and Soybean Ending Stocks Steady](https://feedsoft.ai/events/25987-usda-defies-expectations-holds-corn-and-soybean-ending-stocks-steady.md) | +1.4% | -5.7% |
| CORN | 2026-04-01 | [USDA leaves U.S. soybean, corn, wheat ending stocks unchanged](https://feedsoft.ai/events/20192-usda-leaves-u-s-soybean-corn-wheat-ending-stocks-unchanged.md) | -1.7% | +1.5% |
| CORN | 2016-12-12 | [World corn, soybean stocks hold steady, report shows](https://feedsoft.ai/events/73429-world-corn-soybean-stocks-hold-steady-report-shows.md) | +1.3% | +1.3% |

## Sources

- agriculture.com: https://www.agriculture.com/april-usda-wasde-report-11944451

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