# USDA Lowers New-Crop Corn Ending Stocks More Than Expected in Latest WASDE.

> USDA's July 2025 WASDE pegged 2025/26 U.S. corn and wheat ending stocks lower month-over-month and below average trade expectations, while soybean ending stocks rose above expectations. Global 2025/26 corn and wheat ending stocks were also cut below expectations, and old-crop corn exports were raised.

- Date: 2025-07-11 · published 2025-07-11T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/23706-usda-lowers-new-crop-corn-ending-stocks-more-than-expected-in-latest-wasde
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Tighter corn and wheat balance sheets than the trade expected support prices, while higher soybean stocks weigh on soy values.

## Read by commodity

- SOY: bearish ▼
- CORN: bullish ▲
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2025-12-09 | [USDA Lowers U.S. Corn Ending Stocks More Than Expected](https://feedsoft.ai/events/21437-usda-lowers-u-s-corn-ending-stocks-more-than-expected.md) | +0.1% | +0.5% |
| CORN | 2025-05-12 | [USDA Reduces Old Crop Corn Ending Stocks, Pegs New Crop Lower Than Expected](https://feedsoft.ai/events/24606-usda-reduces-old-crop-corn-ending-stocks-pegs-new-crop-lower-than-expected.md) | +0.0% | +1.9% |
| CORN | 2025-04-10 | [USDA Lowers Corn Ending Stocks More Than Expected, Providing Market Support](https://feedsoft.ai/events/25063-usda-lowers-corn-ending-stocks-more-than-expected-providing-market-support.md) | +3.1% | -3.3% |
| CORN | 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) | +1.6% | +2.9% |
| CORN | 2025-04-11 | [WASDE Report Cuts Corn Ending Stocks More Than Expected - ProAg](https://feedsoft.ai/events/25066-wasde-report-cuts-corn-ending-stocks-more-than-expected-proag.md) | +1.7% | -4.0% |
| WHEAT | 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) | -0.2% | -0.5% |
| WHEAT | 2025-06-12 | [USDA Lowers Old and New Crop U.S. Corn Ending Stocks](https://feedsoft.ai/events/24165-usda-lowers-old-and-new-crop-u-s-corn-ending-stocks.md) | +1.3% | -2.3% |
| WHEAT | 2021-01-12 | [WASDE Lowers Corn/Soy Ending Stocks Again - AgWeb](https://feedsoft.ai/events/49087-wasde-lowers-corn-soy-ending-stocks-again-agweb.md) | +2.3% | -3.8% |

## Sources

- agriculture.com: https://www.agriculture.com/july-usda-wasde-report-11769208

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