# Seasonal conditions | Agricultural Commodities

> The abstract of a 2024 agricultural commodities analysis projects global grain and oilseed production in 2024-25 at 1% above 2023-24. Higher output is expected for wheat in Canada, Argentina, Australia and the US, and for rice and soybeans, while corn production is expected to decline.

- Date: 2024-09-01 · published 2024-09-01T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/28236-seasonal-conditions-agricultural-commodities
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

A slightly larger global supply, with lower corn output, points to a mildly bearish outlook for grains overall and a modest rise in soybean availability. The effect on feed prices is limited.

## Read by commodity

- SOY: bearish ▼
- CORN: bullish ▲
- RICE: bearish ▼
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2022-12-01 | [Seasonal conditions \| Agricultural Commodities](https://feedsoft.ai/events/38153-seasonal-conditions-agricultural-commodities.md) | -3.3% | +1.9% |
| CORN | 2026-04-09 | [USDA raises price estimates for several commodities \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/19801-usda-raises-price-estimates-for-several-commodities-agri-pulse-communications.md) | +0.9% | +1.5% |
| CORN | 2018-03-09 | [Chicago agricultural commodities settle mixed
-- China Development Gateway -- Sharing Information, Knowledge and Tools](https://feedsoft.ai/events/10888-chicago-agricultural-commodities-settle-mixed-china-development-gateway-sharing.md) | +1.9% | +4.1% |
| CORN | 2025-06-24 | [CORRECTION: Export Sales to Mexico \| USDA Foreign Agricultural Service](https://feedsoft.ai/events/24180-correction-export-sales-to-mexico-usda-foreign-agricultural-service.md) | +2.0% | -3.1% |
| CORN | 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) | -0.5% | +3.3% |
| WHEAT | 2025-12-01 | [Seasonal conditions \| Agricultural Commodities](https://feedsoft.ai/events/21413-seasonal-conditions-agricultural-commodities.md) | +1.9% | +0.7% |
| WHEAT | 2024-03-01 | [Seasonal conditions \| Agricultural Commodities](https://feedsoft.ai/events/31123-seasonal-conditions-agricultural-commodities.md) | +6.4% | +0.6% |
| WHEAT | 2016-07-20 | [Chicago agricultural commodities slide on high crop ratings_Xinhua Finance Agency](https://feedsoft.ai/events/7422-chicago-agricultural-commodities-slide-on-high-crop-ratings-xinhua-finance.md) | -1.5% | -0.3% |

## Sources

- search.informit.org: https://search.informit.org/doi/10.3316/informit.T2024102300011100896413600

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