# USDA March WASDE Holds U.S. Ending Stocks Steady, Cuts Argentina Output

> USDA's March 2026 WASDE held 2025/26 U.S. corn, soybean and wheat ending stocks unchanged month over month. Soybean imports and crush were each raised 5 million bushels, and Argentina's crop production was cut.

- Date: 2026-03-10 · published 2026-03-10T12:00:00.000Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/20102-usda-march-wasde-holds-u-s-ending-stocks-steady-cuts-argentina-output
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

A status-quo report with a lower Argentine crop is mildly supportive for soybeans, but higher global corn stocks and unchanged U.S. balances leave the broader grain price outlook largely unchanged.

## Read by commodity

- SBM: neutral
- SOY: neutral
- CORN: neutral
- WHEAT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2026-05-01 | [April WASDE Holds Corn, Soybean Ending Stocks Steady, Raises Wheat Stocks](https://feedsoft.ai/events/19667-april-wasde-holds-corn-soybean-ending-stocks-steady-raises-wheat-stocks.md) | -0.4% | +0.4% |
| SOY | 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) | -1.0% | -4.9% |
| SOY | 2024-12-10 | [USDA Cuts US Corn Ending Stocks by 200M Bushels](https://feedsoft.ai/events/26899-usda-cuts-us-corn-ending-stocks-by-200m-bushels.md) | -0.8% | -0.3% |
| SOY | 2021-04-09 | [USDA’s WASDE report confirms corn stocks are shrinking](https://feedsoft.ai/events/47547-usda-s-wasde-report-confirms-corn-stocks-are-shrinking.md) | +0.2% | +13.4% |
| SOY | 2024-02-13 | [USDA Ag Outlook Ending Stock Estimates](https://feedsoft.ai/events/31634-usda-ag-outlook-ending-stock-estimates.md) | -1.2% | -0.9% |
| SBM | 2026-04-10 | [USDA's Latest WASDE Reveals a Split Market—Wheat Swells, Corn and Soybeans Hold Steady \| Michigan Ag Today](https://feedsoft.ai/events/19670-usda-s-latest-wasde-reveals-a-split-market-wheat-swells-corn-and-soybeans-hold.md) | +4.4% | +2.0% |
| SBM | 2021-07-13 | [USDA raises U.S. soybean ending stocks, corn unchanged - UkrAgroConsult](https://feedsoft.ai/events/46003-usda-raises-u-s-soybean-ending-stocks-corn-unchanged-ukragroconsult.md) | +1.2% | +1.2% |
| SBM | 2021-03-03 | [USDA FAS lowers Argentina soybean outlook - Brownfield Ag News](https://feedsoft.ai/events/47978-usda-fas-lowers-argentina-soybean-outlook-brownfield-ag-news.md) | -1.9% | -6.9% |

## Sources

- agriculture.com: https://www.agriculture.com/march-usda-wasde-report-11921080

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