# USDA Increases 2024 Corn Production and Demand, Lowers Ending Stocks

> USDA's August WASDE raised 2024/25 U.S. corn production to 15.147 billion bushels on a record 183.1 bu/acre yield and lifted demand, while lowering new-crop ending stocks. The report also revised soybean and wheat estimates.

- Date: 2024-08-12 · published 2024-08-12T12:00:00.000Z
- Category: report · region US · magnitude high
- Page: https://feedsoft.ai/events/28712-usda-increases-2024-corn-production-and-demand-lowers-ending-stocks
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [DDGS](https://feedsoft.ai/c/DDGS.md)

## Why it matters

A larger corn crop with tighter ending stocks is a mixed-to-supportive signal for feed grain costs, as the bigger supply is partly absorbed by higher use. Feed buyers should watch whether the stock reduction holds in later reports.

## Read by commodity

- CORN: neutral
- DDGS: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2024-11-11 | [WASDE Shows Decrease in US Corn and Soybean Ending Stocks in 2024/2025](https://feedsoft.ai/events/27342-wasde-shows-decrease-in-us-corn-and-soybean-ending-stocks-in-2024-2025.md) | -1.2% | -0.1% |
| CORN | 2024-04-11 | [USDA Slightly Lowers US Corn Ending Stocks](https://feedsoft.ai/events/30673-usda-slightly-lowers-us-corn-ending-stocks.md) | -0.4% | +0.8% |
| CORN | 2019-09-12 | [USDA Lowers Corn, Soybean Production and Yield - ProAg](https://feedsoft.ai/events/9896-usda-lowers-corn-soybean-production-and-yield-proag.md) | +4.8% | +9.0% |
| CORN | 2019-12-10 | [USDA Leaves Corn and Soybean Production, Supply and Demand Unchanged](https://feedsoft.ai/events/55512-usda-leaves-corn-and-soybean-production-supply-and-demand-unchanged.md) | +4.3% | +3.9% |
| CORN | 2025-02-11 | [USDA Defies Expectations, Holds Corn and Soybean Ending Stocks Steady](https://feedsoft.ai/events/25987-usda-defies-expectations-holds-corn-and-soybean-ending-stocks-steady.md) | +1.4% | -5.7% |

## Sources

- agriculture.com: https://www.agriculture.com/august-usda-wadse-report-8641592

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