# Canada Know-Risk Market Outlook | Corn Stocks Higher Than Expected

> USDA's September 1 corn stocks came in at 1.532 billion bushels, above expectations, and soybean stocks were slightly tighter than expected. StoneX analyst Craig Turner says the path of least resistance for prices is lower while Argentine exports continue at a zero export tax.

- Date: 2025-09-30 · published 2025-09-30T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/22797-canada-know-risk-market-outlook-corn-stocks-higher-than-expected
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Higher corn carryout raises projected new-crop ending stocks, adding bearish pressure, while Argentine export competition limits soybean and meal upside for buyers.

## Read by commodity

- SOY: neutral
- CORN: bearish ▼
- WHEAT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-03-01 | [Corn Stocks Less Than Expected - Corn South](https://feedsoft.ai/events/60112-corn-stocks-less-than-expected-corn-south.md) | -1.6% | +1.4% |
| CORN | 2025-10-08 | [Corn, wheat stocks higher than trade expectations – AgriNews](https://feedsoft.ai/events/22330-corn-wheat-stocks-higher-than-trade-expectations-agrinews.md) | -1.1% | +0.7% |
| CORN | 2022-04-08 | [PF Report Reaction: U.S. corn, wheat ending stocks higher than expected - Pro Farmer](https://feedsoft.ai/events/41798-pf-report-reaction-u-s-corn-wheat-ending-stocks-higher-than-expected-pro-farmer.md) | -0.7% | -6.4% |
| CORN | 2022-02-09 | [PF Report Reaction: U.S. ending stocks higher than expected - Pro Farmer](https://feedsoft.ai/events/42675-pf-report-reaction-u-s-ending-stocks-higher-than-expected-pro-farmer.md) | +0.5% | +15.2% |
| CORN | 2019-05-10 | [Higher New Corn, Soybean Ending Stocks Projected](https://feedsoft.ai/events/59042-higher-new-corn-soybean-ending-stocks-projected.md) | +5.8% | +12.3% |
| SOY | 2024-12-10 | [USDA Reduces U.S. Corn Ending Stocks More Than Expected](https://feedsoft.ai/events/26900-usda-reduces-u-s-corn-ending-stocks-more-than-expected.md) | -0.8% | -0.3% |
| SOY | 2024-10-11 | [Canada Know-Risk Market Outlook \| WASDE Neutral for Grain and Oilseeds](https://feedsoft.ai/events/27807-canada-know-risk-market-outlook-wasde-neutral-for-grain-and-oilseeds.md) | -2.6% | +0.1% |
| SOY | 2022-02-09 | [PF Report Reaction: U.S. ending stocks higher than expected - Pro Farmer](https://feedsoft.ai/events/42675-pf-report-reaction-u-s-ending-stocks-higher-than-expected-pro-farmer.md) | -1.1% | +7.5% |

## Sources

- stonex.com: https://www.stonex.com/en/insights/canada-know-risk-market-outlook-corn-stocks-higher-than-expected/

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