# USDA Lowers Corn Ending Stocks More Than Expected, Providing Market Support

> USDA's April 2025 WASDE lowered 2024/25 U.S. corn ending stocks by more than trade expectations and cut soybean ending stocks when an increase was expected. Wheat ending stocks rose above expectations, and global corn and wheat stocks were slightly lower while soybean stocks were higher. USDA left Argentina and Brazil corn and soybean production unchanged.

- Date: 2025-04-10 · published 2025-04-10T12:00:00.000Z
- Category: report · region US · magnitude high
- Page: https://feedsoft.ai/events/25063-usda-lowers-corn-ending-stocks-more-than-expected-providing-market-support
- 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

A tighter-than-expected U.S. corn carryout supports corn prices and feed costs for buyers, while higher wheat stocks add some bearish pressure on wheat and wheat-based feed alternatives.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2025-12-09 | [USDA Lowers U.S. Corn Ending Stocks More Than Expected](https://feedsoft.ai/events/21437-usda-lowers-u-s-corn-ending-stocks-more-than-expected.md) | +0.1% | +0.5% |
| CORN | 2025-07-11 | [USDA Lowers New-Crop Corn Ending Stocks More Than Expected in Latest WASDE.](https://feedsoft.ai/events/23706-usda-lowers-new-crop-corn-ending-stocks-more-than-expected-in-latest-wasde.md) | -0.7% | -1.5% |
| CORN | 2024-12-10 | [USDA Reduces U.S. Corn Ending Stocks More Than Expected](https://feedsoft.ai/events/26900-usda-reduces-u-s-corn-ending-stocks-more-than-expected.md) | +1.6% | +2.9% |
| CORN | 2025-04-11 | [WASDE Report Cuts Corn Ending Stocks More Than Expected - ProAg](https://feedsoft.ai/events/25066-wasde-report-cuts-corn-ending-stocks-more-than-expected-proag.md) | +1.7% | -4.0% |
| CORN | 2025-05-12 | [USDA Reduces Old Crop Corn Ending Stocks, Pegs New Crop Lower Than Expected](https://feedsoft.ai/events/24606-usda-reduces-old-crop-corn-ending-stocks-pegs-new-crop-lower-than-expected.md) | +0.0% | +1.9% |
| SOY | 2025-04-11 | [WASDE Report Cuts Corn Ending Stocks More Than Expected - ProAg](https://feedsoft.ai/events/25066-wasde-report-cuts-corn-ending-stocks-more-than-expected-proag.md) | +0.7% | +1.5% |
| SOY | 2025-05-12 | [USDA Reduces Old Crop Corn Ending Stocks, Pegs New Crop Lower Than Expected](https://feedsoft.ai/events/24606-usda-reduces-old-crop-corn-ending-stocks-pegs-new-crop-lower-than-expected.md) | +0.6% | +1.1% |
| SOY | 2020-11-10 | [USDA Lowers Corn, Soybean and Wheat Ending Stocks](https://feedsoft.ai/events/50091-usda-lowers-corn-soybean-and-wheat-ending-stocks.md) | +4.4% | +3.7% |

## Sources

- agriculture.com: https://www.agriculture.com/april-usda-wasde-report-11712631

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