# Canada Know-Risk Market Outlook | WASDE Friendly Corn and Soybeans, Bearish Wheat

> 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.

- Date: 2025-05-12 · published 2025-05-12T12:00:00.000Z
- Category: report · region Canada · magnitude medium
- Page: https://feedsoft.ai/events/24609-canada-know-risk-market-outlook-wasde-friendly-corn-and-soybeans-bearish-wheat
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Below-expected corn and soybean carryouts support feed grain and oilseed meal prices, while the large wheat carryout keeps wheat pressured.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-09-30 | [USDA Releases Market-Friendly Data for Corn and Soybeans](https://feedsoft.ai/events/57009-usda-releases-market-friendly-data-for-corn-and-soybeans.md) | -0.9% | +1.1% |
| CORN | 2026-08-12 | [USDA Lowers Corn, Wheat and Cattle Outlooks in August WASDE - RFD](https://feedsoft.ai/events/17855-usda-lowers-corn-wheat-and-cattle-outlooks-in-august-wasde-rfd.md) | +3.5% | +11.8% |
| CORN | 2023-09-23 | [WASDE shocker boosts corn and soybeans](https://feedsoft.ai/events/34109-wasde-shocker-boosts-corn-and-soybeans.md) | -0.3% | +1.6% |
| CORN | 2025-12-16 | [December WASDE Surprises Corn and Wheat Markets \| CZ app](https://feedsoft.ai/events/21444-december-wasde-surprises-corn-and-wheat-markets-cz-app.md) | +0.6% | -3.1% |
| CORN | 2019-11-12 | [WASDE Lowers Wheat, Corn and Soybean Forecasts \| AgWired](https://feedsoft.ai/events/56021-wasde-lowers-wheat-corn-and-soybean-forecasts-agwired.md) | -0.5% | -2.9% |
| SOY | 2022-10-12 | [Turner's Take Ag Markets \| WASDE Bullish Soybeans and Bearish Corn/Wheat](https://feedsoft.ai/events/39095-turner-s-take-ag-markets-wasde-bullish-soybeans-and-bearish-corn-wheat.md) | -0.3% | +4.9% |
| SOY | 2019-09-30 | [USDA Releases Market-Friendly Data for Corn and Soybeans](https://feedsoft.ai/events/57009-usda-releases-market-friendly-data-for-corn-and-soybeans.md) | +3.8% | +4.2% |
| SOY | 2022-07-19 | [The Mighty US Crop Markets Through 2030: Our Long-term Outlook for Corn, Soybeans, and Wheat - Rabobank](https://feedsoft.ai/events/15377-the-mighty-us-crop-markets-through-2030-our-long-term-outlook-for-corn-soybeans.md) | -1.6% | -0.2% |

## Sources

- stonex.com: https://www.stonex.com/en-us/insights/canada-know-risk-market-outlook-wasde-friendly-corn-and-soybeans/

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