# USDA Punts on U.S. Data in WASDE: Revises Global Stocks

> USDA left 2024/25 U.S. corn and soybean ending stocks unchanged in the March WASDE while leaving South American new-crop estimates alone. The agency cut world corn carryover by 1.4 million tons and lowered China's corn imports by 2 million tons.

- Date: 2025-03-11 · published 2025-03-11T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/25512-usda-punts-on-u-s-data-in-wasde-revises-global-stocks
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Unchanged U.S. balance sheets keep the domestic corn and soybean outlook steady, but lower global corn carryover and China import estimates are mildly supportive for corn export prices.

## Read by commodity

- SOY: neutral
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2021-06-10 | [Corn stocks cut in USDA WASDE report - Grainews](https://feedsoft.ai/events/46509-corn-stocks-cut-in-usda-wasde-report-grainews.md) | -1.8% | -2.6% |
| CORN | 2020-12-03 | [USDA Grain Stocks & WASDE Shock Markets \| Feed & Grain](https://feedsoft.ai/events/49679-usda-grain-stocks-and-wasde-shock-markets-feed-and-grain.md) | +0.0% | +3.9% |
| CORN | 2023-10-13 | [Soybeans Soar on USDA WASDE Bullish Yield and Stocks Data, Grains Follow](https://feedsoft.ai/events/33585-soybeans-soar-on-usda-wasde-bullish-yield-and-stocks-data-grains-follow.md) | +0.2% | -3.5% |
| CORN | 2026-02-10 | [USDA cuts corn stocks 100M bushels in February WASDE report](https://feedsoft.ai/events/20547-usda-cuts-corn-stocks-100m-bushels-in-february-wasde-report.md) | +0.7% | +1.9% |
| CORN | 2024-12-10 | [USDA forecasts lower US wheat stocks, raises corn exports in latest WASDE report \| Feed & Grain](https://feedsoft.ai/events/26902-usda-forecasts-lower-us-wheat-stocks-raises-corn-exports-in-latest-wasde-report.md) | +1.6% | +2.9% |
| SOY | 2021-07-13 | [WASDE update: Global wheat stocks tighten \| articles \| ING THINK](https://feedsoft.ai/events/46007-wasde-update-global-wheat-stocks-tighten-articles-ing-think.md) | -0.3% | +0.1% |
| SOY | 2021-04-09 | [USDA’s WASDE report confirms corn stocks are shrinking](https://feedsoft.ai/events/47547-usda-s-wasde-report-confirms-corn-stocks-are-shrinking.md) | +0.2% | +13.4% |
| SOY | 2023-06-20 | [Not much action in USDA's June WASDE report](https://feedsoft.ai/events/9772-not-much-action-in-usda-s-june-wasde-report.md) | +3.7% | +1.7% |

## Sources

- agweb.com: https://www.agweb.com/markets/market-analysis/usda-punts-u-s-data-wasde-revises-global-stocks

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