# USDA Cuts US Corn Ending Stocks by 200M Bushels

> USDA's December WASDE cut the 2024/25 US corn ending stocks forecast by 200 million bushels to 1.738 billion, 62 million below the lowest pre-report trade estimate. The cut reflected a 150 million bushel increase in exports to 2.475 billion and 50 million more bushels for ethanol. Soybean stocks were unchanged at 470 million bushels and wheat stocks fell 20 million to 795 million.

- Date: 2024-12-10 · published 2024-12-10T12:00:00.000Z
- Category: report · region US · magnitude high
- Page: https://feedsoft.ai/events/26899-usda-cuts-us-corn-ending-stocks-by-200m-bushels
- 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 much tighter US corn carryout supports corn prices, as the export and ethanol demand boost draws down stocks faster than the trade expected. Soybeans were largely neutral and wheat only slightly bullish.

## Read by commodity

- SOY: neutral
- CORN: bullish ▲
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2025-04-10 | [USDA Cuts US Corn Ending Stocks, Boosts Corn Exports by 100 MB](https://feedsoft.ai/events/25064-usda-cuts-us-corn-ending-stocks-boosts-corn-exports-by-100-mb.md) | +3.1% | -3.3% |
| CORN | 2025-02-11 | [USDA Cuts World Corn, Soybean, Wheat Ending Stocks](https://feedsoft.ai/events/25989-usda-cuts-world-corn-soybean-wheat-ending-stocks.md) | +1.4% | -5.7% |
| 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 | 2025-04-10 | [USDA Report Reaction \| USDA cuts corn ending stocks - Pro Farmer](https://feedsoft.ai/events/25070-usda-report-reaction-usda-cuts-corn-ending-stocks-pro-farmer.md) | +3.1% | -3.3% |
| CORN | 2026-02-10 | [USDA Defies Expectations by Lowering Corn Ending Stocks](https://feedsoft.ai/events/20544-usda-defies-expectations-by-lowering-corn-ending-stocks.md) | +0.7% | +1.9% |
| SOY | 2026-02-10 | [USDA Defies Expectations by Lowering Corn Ending Stocks](https://feedsoft.ai/events/20544-usda-defies-expectations-by-lowering-corn-ending-stocks.md) | +2.1% | +6.9% |
| SOY | 2024-07-12 | [USDA Hikes Corn Production, but Lowers 2024-25 Corn Ending Stocks](https://feedsoft.ai/events/29201-usda-hikes-corn-production-but-lowers-2024-25-corn-ending-stocks.md) | -3.9% | -11.6% |
| SOY | 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) | -0.8% | -0.3% |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/article/2024/12/10/usda-releases-december-crop-wasde

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