# OCTOBER 2024 WASDE REPORT SUMMARY AND NOTES: - CIH

> CIH described the October 11 WASDE as relatively neutral, maintaining a view of ample corn, soybean and wheat supplies. U.S. corn ending stocks fell to 1.999 billion bushels on higher old-crop usage and new-crop exports, even as yield rose to a record 183.8 bu/ac. Global lower production estimates were also noted.

- Date: 2024-10-11 · published 2024-10-11T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/27806-october-2024-wasde-report-summary-and-notes-cih
- 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

Lower corn ending stocks from stronger demand give some support to prices, but the record yield limits the upside. Attention is shifting to domestic demand and the South American planting season.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2024-04-11 | [APRIL 2024 WASDE REPORT SUMMARY AND NOTES: - CIH](https://feedsoft.ai/events/30677-april-2024-wasde-report-summary-and-notes-cih.md) | -0.4% | +0.8% |
| CORN | 2024-02-08 | [February 2024 WASDE Report Summary and Notes - CIH](https://feedsoft.ai/events/31632-february-2024-wasde-report-summary-and-notes-cih.md) | -1.4% | +1.6% |
| CORN | 2026-03-10 | [March 2026 WASDE REPORT SUMMARY AND NOTES: - CIH](https://feedsoft.ai/events/20211-march-2026-wasde-report-summary-and-notes-cih.md) | +3.2% | +2.8% |
| CORN | 2024-10-16 | [October 2024 WASDE Update](https://feedsoft.ai/events/27805-october-2024-wasde-update.md) | +2.5% | +3.9% |
| CORN | 2026-10-10 | [October 2026 WASDE: Corn, Beef & Pork \| The Protein Pulse](https://feedsoft.ai/events/568-october-2026-wasde-corn-beef-and-pork-the-protein-pulse.md) | -0.7% | -3.7% |
| SOY | 2024-03-08 | [MARCH 2024 WASDE REPORT SUMMARY AND NOTES: - CIH](https://feedsoft.ai/events/31131-march-2024-wasde-report-summary-and-notes-cih.md) | +2.1% | +2.4% |
| SOY | 2024-04-11 | [APRIL 2024 WASDE REPORT SUMMARY AND NOTES: - CIH](https://feedsoft.ai/events/30677-april-2024-wasde-report-summary-and-notes-cih.md) | -1.3% | +4.1% |
| SOY | 2026-03-10 | [March 2026 WASDE REPORT SUMMARY AND NOTES: - CIH](https://feedsoft.ai/events/20211-march-2026-wasde-report-summary-and-notes-cih.md) | -2.1% | -1.9% |

## Sources

- cihedging.com: https://www.cihedging.com/posts/articles/october-2024-wasde-report-summary-and-notes/

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