# Key data in USDA's April 11 Wasde report, and difference from market expectations - Grain Price News

> USDA's April 11 WASDE data is compared with Reuters poll expectations. US corn stocks were 2.122 billion bushels, 20 million above expectations, and soybean stocks were 340 million, 21 million above. US all-wheat stocks were 698 million bushels, 7 million above expectations.

- Date: 2024-04-12 · published 2024-04-12T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/30672-key-data-in-usda-s-april-11-wasde-report-and-difference-from-market
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Stocks above expectations across corn, soybeans and wheat signal looser supply than the market had priced in, which weighs on prices. Feed buyers face lower near-term price pressure.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2023-05-14 | [Key data in USDA's May 12 Wasde report, and difference from market expectations - Grain Price News](https://feedsoft.ai/events/35886-key-data-in-usda-s-may-12-wasde-report-and-difference-from-market-expectations.md) | -8.8% | -9.3% |
| CORN | 2023-07-13 | [Key data in USDA's July 12 Wasde report, and difference from market expectations - Grain Price News](https://feedsoft.ai/events/34984-key-data-in-usda-s-july-12-wasde-report-and-difference-from-market-expectations.md) | -1.6% | -7.1% |
| CORN | 2024-06-12 | [Key data in USDA's June 12 Wasde report, and difference from market expectations - Grain Price News](https://feedsoft.ai/events/29693-key-data-in-usda-s-june-12-wasde-report-and-difference-from-market-expectations.md) | -0.1% | -7.3% |
| CORN | 2022-07-13 | [Key data in USDA's July 12 Wasde report, and difference from market expectations - Grain Price News](https://feedsoft.ai/events/40431-key-data-in-usda-s-july-12-wasde-report-and-difference-from-market-expectations.md) | -11.6% | -12.4% |
| CORN | 2023-06-11 | [Key data in USDA's June 9 Wasde report, and difference from market expectations - Grain Price News](https://feedsoft.ai/events/35445-key-data-in-usda-s-june-9-wasde-report-and-difference-from-market-expectations.md) | +6.8% | -3.2% |
| SOY | 2023-05-14 | [Key data in USDA's May 12 Wasde report, and difference from market expectations - Grain Price News](https://feedsoft.ai/events/35886-key-data-in-usda-s-may-12-wasde-report-and-difference-from-market-expectations.md) | -8.9% | -4.3% |
| SOY | 2023-07-13 | [Key data in USDA's July 12 Wasde report, and difference from market expectations - Grain Price News](https://feedsoft.ai/events/34984-key-data-in-usda-s-july-12-wasde-report-and-difference-from-market-expectations.md) | +0.2% | -3.8% |
| SOY | 2024-06-12 | [Key data in USDA's June 12 Wasde report, and difference from market expectations - Grain Price News](https://feedsoft.ai/events/29693-key-data-in-usda-s-june-12-wasde-report-and-difference-from-market-expectations.md) | -0.3% | -3.0% |

## Sources

- grainpricenews.com: https://grainpricenews.com/2024/04/12/key-data-in-usdas-april-11-wasde-report-and-difference-from-market-expectations-2/

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