# USDA Releases Sept. 1 Grain Stocks, Small Grains Summary Reports

> USDA's Sept. 1 grain stocks report showed old-crop corn ending stocks at 1.76 billion bushels and soybean stocks at 342 million bushels, both at the low end of pre-report estimates. Soybean usage from June to August totaled 628 million bushels, up 18% year over year.

- Date: 2024-09-30 · published 2024-09-30T12:00:00.000Z
- Category: report · region US · magnitude high
- Page: https://feedsoft.ai/events/28259-usda-releases-sept-1-grain-stocks-small-grains-summary-reports
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Tight old-crop corn and soybean stocks, combined with strong crush and export usage, support near-term feed grain and meal prices. Downward revisions to 2023 soybean production add to the tighter picture.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2019-03-08 | [USDA Reports Summary - ProAg](https://feedsoft.ai/events/60034-usda-reports-summary-proag.md) | +0.7% | -1.0% |
| WHEAT | 2025-10-01 | [USDA Grain Stocks Report Surprises Corn and Wheat - RFD](https://feedsoft.ai/events/9845-usda-grain-stocks-report-surprises-corn-and-wheat-rfd.md) | +0.6% | +6.4% |
| WHEAT | 2025-03-31 | [USDA reports mixed grain stocks, with wheat up and corn down](https://feedsoft.ai/events/25651-usda-reports-mixed-grain-stocks-with-wheat-up-and-corn-down.md) | -1.5% | +0.8% |
| WHEAT | 2018-04-13 | [Current season wheat stock rises, coarse grains stocks fall: USDA - Grain Central](https://feedsoft.ai/events/65484-current-season-wheat-stock-rises-coarse-grains-stocks-fall-usda-grain-central.md) | +3.3% | +2.7% |
| WHEAT | 2025-09-30 | [Grain markets react to unexpected USDA stocks data](https://feedsoft.ai/events/9840-grain-markets-react-to-unexpected-usda-stocks-data.md) | +0.4% | +5.9% |
| SOY | 2018-06-12 | [U.S. Grain Stocks Get Smaller, USDA Report Shows](https://feedsoft.ai/events/64478-u-s-grain-stocks-get-smaller-usda-report-shows.md) | -4.7% | -10.6% |
| SOY | 2019-09-12 | [USDA Reports Summary](https://feedsoft.ai/events/57011-usda-reports-summary.md) | +4.1% | +8.2% |
| SOY | 2024-11-08 | [USDA Reports Summary](https://feedsoft.ai/events/13133-usda-reports-summary.md) | -2.9% | -2.1% |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/article/2024/09/30/usda-releases-sept-1-grain-stocks
- livemint.com: https://www.livemint.com/companies/news/us-corn-soy-wheat-stocks-reach-four-year-highs-as-of-sept-1-usda-says-11727715717245.html

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