# USDA Reduces U.S. Corn Ending Stocks More Than Expected

> USDA's December WASDE lowered US corn ending stocks by 200 million bushels, below the average trade expectation of 1.906 billion. Soybean ending stocks were held at 470 million bushels, while the trade had expected a cut. Wheat ending stocks fell more than the trade expected, to 795 million bushels.

- Date: 2024-12-10 · published 2024-12-10T12:00:00.000Z
- Category: report · region US · magnitude high
- Page: https://feedsoft.ai/events/26900-usda-reduces-u-s-corn-ending-stocks-more-than-expected
- 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 corn stocks shortfall relative to trade expectations points to a firmer US corn balance sheet and supports prices. The unexpected soybean hold versus trade expectations removes a possible bullish catalyst for that crop.

## Read by commodity

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

## 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 | 2025-05-12 | [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% |
| 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 | 2025-04-10 | [USDA Lowers Corn Ending Stocks More Than Expected, Providing Market Support](https://feedsoft.ai/events/25063-usda-lowers-corn-ending-stocks-more-than-expected-providing-market-support.md) | +3.1% | -3.3% |
| 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% |
| 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 | 2026-04-01 | [USDA leaves U.S. soybean, corn, wheat ending stocks unchanged](https://feedsoft.ai/events/20192-usda-leaves-u-s-soybean-corn-wheat-ending-stocks-unchanged.md) | -0.8% | +1.0% |
| SOY | 2022-02-09 | [PF Report Reaction: U.S. ending stocks higher than expected - Pro Farmer](https://feedsoft.ai/events/42675-pf-report-reaction-u-s-ending-stocks-higher-than-expected-pro-farmer.md) | -1.1% | +7.5% |

## Sources

- agriculture.com: https://www.agriculture.com/december-usda-wadse-report-8641597

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