# What are the estimates for soy and corn supplies next season?

> DairyReporter summarized the May WASDE, noting a 2.5 million tonne cut to US 2023/24 corn stocks on higher ethanol and export expectations. The 2024/25 US corn harvest was forecast at 377.5 million tonnes, and global corn stocks were 5.1 million tonnes below investor forecasts. Ukraine's 2024/25 corn crop was cut 4 million tonnes to 27 million.

- Date: 2024-05-13 · published 2024-05-13T12:00:00.000Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/30219-what-are-the-estimates-for-soy-and-corn-supplies-next-season
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Lower global corn stocks and a smaller Ukrainian crop tighten export supply, which supports feed corn prices. Soybean stocks were slightly above expectations, which limits soy price gains.

## Read by commodity

- SOY: neutral
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2024-05-10 | [USDA Lowers Estimates for Brazil Corn and Soy Production](https://feedsoft.ai/events/30215-usda-lowers-estimates-for-brazil-corn-and-soy-production.md) | +2.4% | +2.7% |
| CORN | 2026-04-10 | [USDA Raises Wheat, Corn and Soy Price Estimates - Farm Policy News](https://feedsoft.ai/events/19746-usda-raises-wheat-corn-and-soy-price-estimates-farm-policy-news.md) | +1.0% | +2.2% |
| CORN | 2022-09-28 | [Argentina soy harvest set to climb next season; wheat, corn to retreat \| Financial Post](https://feedsoft.ai/events/14011-argentina-soy-harvest-set-to-climb-next-season-wheat-corn-to-retreat-financial.md) | +1.9% | +4.4% |
| CORN | 2024-08-23 | [Pro Farmer releases 2024 national corn and soybean estimates - Pro Farmer](https://feedsoft.ai/events/13160-pro-farmer-releases-2024-national-corn-and-soybean-estimates-pro-farmer.md) | +0.2% | +6.1% |
| CORN | 2023-08-25 | [Pro Farmer releases 2023 national corn and soybean estimates - Pro Farmer](https://feedsoft.ai/events/13255-pro-farmer-releases-2023-national-corn-and-soybean-estimates-pro-farmer.md) | -2.2% | -9.0% |
| SOY | 2025-03-27 | [Initial Estimates for the 2025 U.S. Growing Season](https://feedsoft.ai/events/13102-initial-estimates-for-the-2025-u-s-growing-season.md) | +2.8% | +5.2% |
| SOY | 2025-11-14 | [USDA Lowers Corn and Soybean Production Estimates](https://feedsoft.ai/events/21885-usda-lowers-corn-and-soybean-production-estimates.md) | -0.8% | -4.9% |
| SOY | 2017-03-31 | [OPINION — Watch corn and soybean planting estimates because they’ll affect price \| FarmersForum.com](https://feedsoft.ai/events/72028-opinion-watch-corn-and-soybean-planting-estimates-because-they-ll-affect-price.md) | -2.2% | -1.8% |

## Sources

- dairyreporter.com: https://www.dairyreporter.com/Article/2024/05/13/what-are-the-estimates-for-soy-and-corn-supplies-next-season/

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