# Commodities Overview October 2024 Edition - ADM Investor Services

> ADM Investor Services' October 2024 commodities overview summarizes the October WASDE, which raised US corn production 17 million bushels to 15.203 billion with a record yield of 183.8 bpa and left 2024/25 corn ending stocks at 1.999 billion bushels. Soybean production slipped to 4.582 billion bushels with 2024/25 ending stocks steady at 550 million bushels.

- Date: 2024-10-22 · published 2024-10-22T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/27993-commodities-overview-october-2024-edition-adm-investor-services
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

The report was largely neutral, with corn and soybean balance sheets roughly in line with expectations, so it offers limited new price direction beyond confirming ample supplies.

## Read by commodity

- SOY: neutral
- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2024-04-24 | [Commodities Overview Apr 2024 Edition - ADM Investor Services](https://feedsoft.ai/events/30751-commodities-overview-apr-2024-edition-adm-investor-services.md) | -1.9% | +21.8% |
| WHEAT | 2022-10-25 | [Commodities Overview Oct 2022 Edition - ADM Investor Services](https://feedsoft.ai/events/8069-commodities-overview-oct-2022-edition-adm-investor-services.md) | -5.1% | +3.4% |
| WHEAT | 2026-07-17 | [Commodities Overview \| July 2026 Edition - ADM Investor Services](https://feedsoft.ai/events/18277-commodities-overview-july-2026-edition-adm-investor-services.md) | +3.8% | +0.1% |
| WHEAT | 2026-02-24 | [Commodities Overview February 2026 Edition - ADM Investor Services](https://feedsoft.ai/events/20621-commodities-overview-february-2026-edition-adm-investor-services.md) | +0.6% | +0.4% |
| WHEAT | 2024-08-02 | [Global Ag News for Aug 2.24 - ADM Investor Services](https://feedsoft.ai/events/28977-global-ag-news-for-aug-2-24-adm-investor-services.md) | +4.8% | -2.5% |
| SOY | 2024-05-20 | [Commodities Overview May 2024 Edition - ADM Investor Services](https://feedsoft.ai/events/30216-commodities-overview-may-2024-edition-adm-investor-services.md) | +1.6% | -5.7% |
| SOY | 2024-08-02 | [Global Ag News for Aug 2.24 - ADM Investor Services](https://feedsoft.ai/events/28977-global-ag-news-for-aug-2-24-adm-investor-services.md) | -1.2% | -4.7% |
| SOY | 2022-09-27 | [Global Ag News for Sept 27.22 - ADM Investor Services](https://feedsoft.ai/events/39685-global-ag-news-for-sept-27-22-adm-investor-services.md) | -2.6% | -2.8% |

## Sources

- admis.com: https://www.admis.com/commodities-overview-october-2024-edition/

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