# PF Reaction to USDA Reports | USDA cuts old-, new-crop corn ending stocks - Pro Farmer

> Pro Farmer reported that USDA cut old- and new-crop corn ending stocks, but corn did not rally as traders focused on favorable weather. Early trade showed corn 2 to 3 cents lower, soybeans 4 to 6 cents lower and wheat 6 to 11 cents lower, with all-wheat production at 1.929 billion bushels above trade expectations.

- Date: 2025-07-11 · published 2025-07-11T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/23714-pf-reaction-to-usda-reports-usda-cuts-old-new-crop-corn-ending-stocks-pro-farmer
- 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

Favorable weather is overriding the tighter corn stocks, leaving corn with limited upside while larger-than-expected wheat output pressures wheat prices.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2024-03-08 | [PF Report Reaction: USDA cuts global ending stocks for corn, soybeans, wheat and cotton - Pro Farmer](https://feedsoft.ai/events/31133-pf-report-reaction-usda-cuts-global-ending-stocks-for-corn-soybeans-wheat-and.md) | -0.3% | -3.1% |
| CORN | 2022-02-09 | [USDA cuts global ending stocks for beans, wheat, cotton and corn - Pro Farmer](https://feedsoft.ai/events/42671-usda-cuts-global-ending-stocks-for-beans-wheat-cotton-and-corn-pro-farmer.md) | +0.5% | +15.2% |
| CORN | 2019-01-01 | [Market Reaction to USDA’s August Corn Crop Reports](https://feedsoft.ai/events/60954-market-reaction-to-usda-s-august-corn-crop-reports.md) | +1.4% | +1.8% |
| CORN | 2021-11-10 | [PF Report Reaction: USDA unexpectedly trims its soybean crop estimate - Pro Farmer](https://feedsoft.ai/events/13412-pf-report-reaction-usda-unexpectedly-trims-its-soybean-crop-estimate-pro-farmer.md) | +0.3% | +4.6% |
| CORN | 2024-04-11 | [PF Report Reaction: USDA's report data fails to provide bullish spark - Pro Farmer](https://feedsoft.ai/events/30676-pf-report-reaction-usda-s-report-data-fails-to-provide-bullish-spark-pro-farmer.md) | -0.4% | +0.8% |
| SOY | 2022-08-12 | [PF Report Reaction: Record soybean crop estimate pushed new-crop ending stocks higher than expected - Pro Farmer](https://feedsoft.ai/events/39962-pf-report-reaction-record-soybean-crop-estimate-pushed-new-crop-ending-stocks.md) | -12.5% | -12.9% |
| SOY | 2026-06-11 | [Report Reaction \| Corn, wheat see higher global ending stocks despite production concerns - Pro Farmer](https://feedsoft.ai/events/18733-report-reaction-corn-wheat-see-higher-global-ending-stocks-despite-production.md) | +0.8% | +6.5% |
| SOY | 2023-05-15 | [Ending Stocks Were Primary Consideration in USDA Report \| Red River Farm Network](https://feedsoft.ai/events/35888-ending-stocks-were-primary-consideration-in-usda-report-red-river-farm-network.md) | -8.9% | -4.3% |

## Sources

- profarmer.com: https://www.profarmer.com/news/agriculture-news/pf-reaction-usda-reports-usda-cuts-old-new-crop-corn-ending-stocks

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