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USDA's February 2026 WASDE lowered US 2025/26 corn ending stocks month-over-month, against trade expectations for an increase. The agency raised corn exports and cut global corn and wheat ending stocks, while raising US wheat stocks and leaving US soybean stocks unchanged.
A tighter US corn balance sheet from higher exports supports corn prices, while higher US wheat stocks weigh on wheat values.
agriculture.comCassidy WalterFeb 10, 2026After 1,040 past bullish report events, CORN moved a median +0.5% over 5 sessions (62% higher; middle half -0.9% to +2.0%), and +0.8% over 20.
After 1,006 past bearish report events, WHEAT moved a median +0.0% over 5 sessions (50% higher; middle half -1.6% to +1.8%), and +0.3% over 20.
After 563 past neutral report events, SOY moved a median -0.1% over 5 sessions (48% higher; middle half -1.7% to +1.6%), and -0.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
