# WASDE sparks brief price pop before markets fade

> Corn and soybean futures rose briefly after the February WASDE was released, then reversed into losses as traders digested a report with few surprises. Corn was up about 1% and soybeans about 0.5% initially, and March futures later fell.

- Date: 2025-02-11 · published 2025-02-11T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/25992-wasde-sparks-brief-price-pop-before-markets-fade
- 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

The muted reaction shows that the main surprises were already priced in from January, so the report adds little new price direction. Argentine drought concerns still underpin the market.

## Read by commodity

- SOY: neutral
- CORN: neutral
- WHEAT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2017-03-19 | [Markets preparing for spring - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/10725-markets-preparing-for-spring-agweek-1-source-for-agriculture-news-farming.md) | -2.1% | -0.6% |
| CORN | 2020-03-10 | [Markets unfazed by March WASDE report](https://feedsoft.ai/events/54089-markets-unfazed-by-march-wasde-report.md) | -3.4% | -3.3% |
| CORN | 2020-05-17 | [WASDE not as bad as expected, for now - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/53062-wasde-not-as-bad-as-expected-for-now-agweek-1-source-for-agriculture-news.md) | -0.1% | +3.0% |
| CORN | 2023-10-27 | [Bright spots, uncertain trends forecast in global pork markets](https://feedsoft.ai/events/33780-bright-spots-uncertain-trends-forecast-in-global-pork-markets.md) | -4.0% | -4.2% |
| CORN | 2025-03-11 | [USDA Report Reaction \| Markets have muted response to USDA's March WASDE Report - Pro Farmer](https://feedsoft.ai/events/25513-usda-report-reaction-markets-have-muted-response-to-usda-s-march-wasde-report.md) | +5.0% | +2.5% |
| SOY | 2020-01-10 | [Grain markets fall on WASDE, Crop Production Reports](https://feedsoft.ai/events/55018-grain-markets-fall-on-wasde-crop-production-reports.md) | -1.0% | -5.5% |
| SOY | 2017-03-19 | [Markets preparing for spring - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/10725-markets-preparing-for-spring-agweek-1-source-for-agriculture-news-farming.md) | -2.4% | -4.7% |
| SOY | 2020-03-10 | [Markets unfazed by March WASDE report](https://feedsoft.ai/events/54089-markets-unfazed-by-march-wasde-report.md) | -4.8% | -0.9% |

## Sources

- farmprogress.com: https://www.farmprogress.com/marketing/wasde-usda-s-new-data-helps-corn-prices-pop-briefly-

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