# Where Did USDA Find the Additional Corn in the Quarterly Stocks Report? - AgWeb

> USDA's quarterly stocks report on Sept. 30 raised corn stocks to 1.532 billion bushels, 207 million above the September WASDE projection. Analyst Jerry Gulke said the increase lifts new-crop carryout to roughly 2.3 to 2.5 billion bushels and questions the reliability of USDA's data-driven reports.

- Date: 2025-10-04 · published 2025-10-04T12:00:00.000Z
- Category: report · region US · magnitude high
- Page: https://feedsoft.ai/events/22331-where-did-usda-find-the-additional-corn-in-the-quarterly-stocks-report-agweb
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Higher carryout expectations weigh on corn futures and reduce the price support for feed ingredients that compete with corn.

## Read by commodity

- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2025-10-01 | [USDA Grain Stocks Report Surprises Corn and Wheat - RFD](https://feedsoft.ai/events/9845-usda-grain-stocks-report-surprises-corn-and-wheat-rfd.md) | +1.4% | +2.3% |
| CORN | 2020-04-13 | [USDA report: Larger U.S. corn, soy, wheat stocks](https://feedsoft.ai/events/53602-usda-report-larger-u-s-corn-soy-wheat-stocks.md) | -5.4% | -6.1% |
| CORN | 2017-07-13 | [USDA: Corn stocks increase, soybeans decrease - Mid-West Farm Report](https://feedsoft.ai/events/69889-usda-corn-stocks-increase-soybeans-decrease-mid-west-farm-report.md) | +0.3% | -1.2% |
| CORN | 2021-07-12 | [U.S. corn ending stocks top forecasts in WASDE report](https://feedsoft.ai/events/46002-u-s-corn-ending-stocks-top-forecasts-in-wasde-report.md) | -6.7% | -7.2% |
| CORN | 2018-01-12 | [Corn Yield and Soybean Production Up in 2017, USDA Reports - Winter Wheat Seedings and Grain Stocks also reported](https://feedsoft.ai/events/66841-corn-yield-and-soybean-production-up-in-2017-usda-reports-winter-wheat-seedings.md) | +1.7% | +3.5% |

## Sources

- agweb.com: https://www.agweb.com/markets/market-analysis/where-did-all-old-crop-corn-come

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