Loading…
StoneX's Canada market outlook calls the May WASDE bullish for corn and soybeans and bearish for wheat. It notes 2025-26 corn stocks of 1.8 billion bushels versus 2 billion expected and soybean stocks of 295 million bushels below expectations.
Below-expected corn and soybean carryouts support feed grain and oilseed meal prices, while the large wheat carryout keeps wheat pressured.
stonex.comCraig TurnerMay 12, 2025After 1,040 past bullish report events, Corn moved a median +0.5% over 5 sessions (62% higher; middle half -0.9% to +2.0%), and +0.8% over 20.
After 747 past bullish report events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +2.1%), and +0.8% over 20.
Not enough comparable past events yet for a historical read.
After 1,006 past bearish report events, Wheat (SRW) moved a median +0.0% over 5 sessions (50% higher; middle half -1.6% to +1.8%), and +0.3% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
