# Commodities Overview July 2024 Edition - ADM Investor Services

> USDA's July report cut 2023/24 corn ending stocks 145 million bushels to 1.877 billion, while new-crop corn stocks came in near 2.10 billion, below trade estimates. Soybean old-crop ending stocks were trimmed to 345 million bushels and new-crop stocks were projected at 435 million.

- Date: 2024-07-26 · published 2024-07-26T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/29411-commodities-overview-july-2024-edition-adm-investor-services
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Tighter-than-expected corn and soybean stocks support prices, though the market is skeptical of the higher usage figures and anticipates higher yields later.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 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) | +4.3% | +0.2% |
| 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% |
| CORN | 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) | +1.9% | +5.4% |
| CORN | 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) | -1.4% | -2.7% |
| CORN | 2024-11-21 | [Commodities Overview November 2024 Edition - ADM Investor Services](https://feedsoft.ai/events/11135-commodities-overview-november-2024-edition-adm-investor-services.md) | -3.5% | +1.6% |
| SOY | 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) | +2.6% | +4.7% |
| SOY | 2024-11-21 | [Commodities Overview November 2024 Edition - ADM Investor Services](https://feedsoft.ai/events/11135-commodities-overview-november-2024-edition-adm-investor-services.md) | -0.2% | -2.8% |
| SOY | 2025-04-02 | [Wkly Futures Market Summary For 4.2.2025 - ADM Investor Services](https://feedsoft.ai/events/5649-wkly-futures-market-summary-for-4-2-2025-adm-investor-services.md) | -4.0% | +0.0% |

## Sources

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

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