# Corn Firm as WASDE Tightens Stocks, Soybeans Fall on RVO Rumor: Cattle Disappoint - AgWeb

> Corn closed slightly higher after the June WASDE trimmed U.S. old-crop corn stocks, while soybeans fell on a rumor that EPA would set biomass-based diesel volumes at only 4.65 billion gallons. USDA left South American crop estimates unchanged even as CONAB raised its Brazil corn forecast.

- Date: 2025-06-12 · published 2025-06-12T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/24167-corn-firm-as-wasde-tightens-stocks-soybeans-fall-on-rvo-rumor-cattle-disappoint
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Soybean weakness on the biofuel rumor signals that a low RVO would cut soybean oil demand and crush margins, which lowers meal output and pressures soybean meal prices. Corn strength reflects the tighter U.S. carryout.

## Read by commodity

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

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| SBO | 2025-06-12 | 1 | +2.6% | 3.2 | On June 12 a rumor that EPA would set biomass-based diesel volumes at only 4.65 billion gallons drove soybean-complex sentiment, and the market's sharp reaction to biofuel policy headlines is the plausible mechanism behind the 2.58% move that day. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2022-10-18 | [WASDE Recap: Corn and Soybeans at a Turning Point - farmdoc daily](https://feedsoft.ai/events/14896-wasde-recap-corn-and-soybeans-at-a-turning-point-farmdoc-daily.md) | -0.9% | -2.3% |
| CORN | 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) | +5.8% | +11.6% |
| CORN | 2023-02-01 | [Drought in Argentina creates tighter stocks in soybean and corn market: WASDE - RealAgriculture](https://feedsoft.ai/events/13986-drought-in-argentina-creates-tighter-stocks-in-soybean-and-corn-market-wasde.md) | +1.2% | -4.9% |
| CORN | 2024-11-08 | [USDA Surprisingly Lowers Corn and Soybean Yield and Ending Stocks in WASDE - AgWeb](https://feedsoft.ai/events/13135-usda-surprisingly-lowers-corn-and-soybean-yield-and-ending-stocks-in-wasde-agweb.md) | -1.4% | -2.0% |
| CORN | 2025-01-13 | [WASDE Shows Decrease in US Corn and Soybeans Ending Stocks in 2024/2025](https://feedsoft.ai/events/26454-wasde-shows-decrease-in-us-corn-and-soybeans-ending-stocks-in-2024-2025.md) | +1.7% | +1.8% |
| SOY | 2026-05-15 | [After the Bell \| Weekly losses for soybeans, corn on China disappointment - Pro Farmer](https://feedsoft.ai/events/9302-after-the-bell-weekly-losses-for-soybeans-corn-on-china-disappointment-pro.md) | +1.7% | -5.2% |
| SOY | 2025-09-30 | [Corn Falls on Bearish Report, Is $4 in the Cards? Soybeans Make Fresh Lows - AgWeb](https://feedsoft.ai/events/9839-corn-falls-on-bearish-report-is-4-in-the-cards-soybeans-make-fresh-lows-agweb.md) | +0.7% | +5.6% |
| SOY | 2018-07-12 | [WASDE Boosts Corn, Soybean Stocks – Lakeview Grains, LLC](https://feedsoft.ai/events/64001-wasde-boosts-corn-soybean-stocks-lakeview-grains-llc.md) | +1.5% | +7.7% |

## Sources

- agweb.com: https://www.agweb.com/markets/market-analysis/corn-firm-after-quiet-wasde-soybeans-fall-rvo-rumor-cattle-disappoint

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