# Report Snapshot | Corn, soybean ending stocks well below expectations - Pro Farmer

> USDA's May WASDE and production reports put old- and new-crop US corn and soybean ending stocks well below pre-report trade expectations. Winter wheat production came in above analyst estimates, with HRW at 784 million bushels versus 748 expected.

- Date: 2025-05-12 · published 2025-05-12T12:00:00.000Z
- Category: report · region US · magnitude high
- Page: https://feedsoft.ai/events/24605-report-snapshot-corn-soybean-ending-stocks-well-below-expectations-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), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Tighter-than-expected corn and soybean carryouts support feed grain and soymeal prices, while the larger wheat crop is bearish for wheat and its feed substitution value.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2025-12-09 | [Report Snapshot \| Corn, soybean ending stocks below average pre-report estimates - Pro Farmer](https://feedsoft.ai/events/21440-report-snapshot-corn-soybean-ending-stocks-below-average-pre-report-estimates.md) | +0.1% | +0.5% |
| CORN | 2024-09-30 | [USDA Report Snapshot: Corn, soybean stocks lighter than expected - Pro Farmer](https://feedsoft.ai/events/28254-usda-report-snapshot-corn-soybean-stocks-lighter-than-expected-pro-farmer.md) | +1.0% | -0.6% |
| CORN | 2026-07-13 | [Corn Ending Stocks Fall Below Expectations in July WASDE](https://feedsoft.ai/events/18279-corn-ending-stocks-fall-below-expectations-in-july-wasde.md) | +1.1% | -0.6% |
| CORN | 2025-04-10 | [USDA Report Reaction \| USDA cuts corn ending stocks - Pro Farmer](https://feedsoft.ai/events/25070-usda-report-reaction-usda-cuts-corn-ending-stocks-pro-farmer.md) | +3.1% | -3.3% |
| CORN | 2019-09-30 | [Corn and Soybean Stocks Come In Below Trade Expectations \| Red River Farm Network](https://feedsoft.ai/events/57013-corn-and-soybean-stocks-come-in-below-trade-expectations-red-river-farm-network.md) | -0.9% | +1.1% |
| SOY | 2025-12-09 | [Report Snapshot \| Corn, soybean ending stocks below average pre-report estimates - Pro Farmer](https://feedsoft.ai/events/21440-report-snapshot-corn-soybean-ending-stocks-below-average-pre-report-estimates.md) | -2.0% | -3.7% |
| SOY | 2024-09-30 | [USDA Report Snapshot: Corn, soybean stocks lighter than expected - Pro Farmer](https://feedsoft.ai/events/28254-usda-report-snapshot-corn-soybean-stocks-lighter-than-expected-pro-farmer.md) | -2.6% | -7.3% |
| SOY | 2023-03-08 | [Report snapshot: higher U.S. and global corn ending stocks - Pro Farmer](https://feedsoft.ai/events/36816-report-snapshot-higher-u-s-and-global-corn-ending-stocks-pro-farmer.md) | -1.7% | -0.5% |

## Sources

- profarmer.com: https://www.profarmer.com/news/agriculture-news/report-snapshot-corn-soybean-ending-stocks-well-below-expectations

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