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USDA's February WASDE cut US corn ending stocks by 100 million bushels to 2.127 billion, below the average trade guess of 2.227 billion. March corn futures edged up while soybeans rose to a contract high and winter wheat faced cuts.
USDA kept the corn season-average farm price at $4.10 per bushel.
Lower corn stocks and a strong export pace support corn values, and soybean strength reflects the USDA's upward revision to global supplies and China purchase prospects.
farmprogress.comBen PotterFeb 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 747 past bullish report events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +2.1%), and +0.8% over 20.
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.
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.
