# USDA raises price estimates for several commodities | Agri-Pulse Communications, Inc.

> USDA's April WASDE raised season-average farm price estimates for wheat to $5.00/bu, corn to $4.15, soybeans to $10.30, and soybean meal to $310/short ton. Soybean crush was raised 35 million bushels while exports were lowered, leaving ending stocks unchanged, with competition from South America cited.

- Date: 2026-04-09 · published 2026-04-09T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/19801-usda-raises-price-estimates-for-several-commodities-agri-pulse-communications
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Higher season-average price forecasts and a larger crush support meal and crop prices, while lower exports reflect competitive pressure from Brazil that caps US upside. Buyers should expect modest seasonal price firmness.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲
- CORN: bullish ▲
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2021-10-12 | [USDA officials increase soybean, corn yield estimates \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/44382-usda-officials-increase-soybean-corn-yield-estimates-agri-pulse-communications.md) | +0.7% | +8.0% |
| WHEAT | 2023-12-08 | [USDA trims forecast for soybean, wheat supplies \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/32633-usda-trims-forecast-for-soybean-wheat-supplies-agri-pulse-communications-inc.md) | -4.0% | +1.2% |
| WHEAT | 2017-05-10 | [Winter wheat takes a hit in USDA forecast \| 2017-05-10 \| Agri-Pulse \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/71055-winter-wheat-takes-a-hit-in-usda-forecast-2017-05-10-agri-pulse-agri-pulse.md) | -2.4% | +0.5% |
| WHEAT | 2026-02-19 | [USDA chief economist: Economic headwinds to ease slightly in 2026 \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/20622-usda-chief-economist-economic-headwinds-to-ease-slightly-in-2026-agri-pulse.md) | +1.8% | +3.6% |
| WHEAT | 2022-05-12 | [USDA warns on corn, winter wheat crops due to weather \| 2022-05-12 \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/13363-usda-warns-on-corn-winter-wheat-crops-due-to-weather-2022-05-12-agri-pulse.md) | +5.9% | +0.7% |
| CORN | 2019-09-12 | [USDA lowers corn, soybean yield estimates \| 2019-09-12  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/10852-usda-lowers-corn-soybean-yield-estimates-2019-09-12-agri-pulse-communications.md) | +4.8% | +9.0% |
| CORN | 2023-12-08 | [USDA trims forecast for soybean, wheat supplies \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/32633-usda-trims-forecast-for-soybean-wheat-supplies-agri-pulse-communications-inc.md) | -2.7% | -0.3% |
| CORN | 2021-08-12 | [USDA lowers corn, soybean yield estimates due to drought \| 2021-08-12  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/45406-usda-lowers-corn-soybean-yield-estimates-due-to-drought-2021-08-12-agri-pulse.md) | +0.7% | -7.7% |

## Sources

- agri-pulse.com: https://www.agri-pulse.com/articles/24498-usda-raises-price-estimates-for-several-commodities

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