# APRIL 2024 WASDE REPORT SUMMARY AND NOTES: - CIH

> CIH described the April WASDE as relatively neutral for corn, soybeans and wheat, since stock balance sheets came in slightly above expectations. Corn feed and ethanol use each rose 25 million bushels, and the season-average corn price fell to $4.70. Brazilian corn production was held at 124 million tonnes.

- Date: 2024-04-11 · published 2024-04-11T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/30677-april-2024-wasde-report-summary-and-notes-cih
- 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

With the report seen as neutral, the market will focus on crop progress reports and the May WASDE for new-crop direction. Feed buyers should watch those next signals rather than this report.

## Read by commodity

- SOY: neutral
- CORN: neutral
- WHEAT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2024-02-08 | [February 2024 WASDE Report Summary and Notes - CIH](https://feedsoft.ai/events/31632-february-2024-wasde-report-summary-and-notes-cih.md) | -1.4% | +1.6% |
| CORN | 2024-10-11 | [OCTOBER 2024 WASDE REPORT SUMMARY AND NOTES: - CIH](https://feedsoft.ai/events/27806-october-2024-wasde-report-summary-and-notes-cih.md) | -1.8% | +0.9% |
| CORN | 2026-03-10 | [March 2026 WASDE REPORT SUMMARY AND NOTES: - CIH](https://feedsoft.ai/events/20211-march-2026-wasde-report-summary-and-notes-cih.md) | +3.2% | +2.8% |
| CORN | 2022-04-08 | [Few Surprises in April WASDE Report \| Red River Farm Network](https://feedsoft.ai/events/41796-few-surprises-in-april-wasde-report-red-river-farm-network.md) | -0.7% | -6.4% |
| CORN | 2026-04-13 | [April 2026 WASDE Update](https://feedsoft.ai/events/19663-april-2026-wasde-update.md) | +1.7% | +3.2% |
| SOY | 2024-03-08 | [MARCH 2024 WASDE REPORT SUMMARY AND NOTES: - CIH](https://feedsoft.ai/events/31131-march-2024-wasde-report-summary-and-notes-cih.md) | +2.1% | +2.4% |
| SOY | 2024-10-11 | [OCTOBER 2024 WASDE REPORT SUMMARY AND NOTES: - CIH](https://feedsoft.ai/events/27806-october-2024-wasde-report-summary-and-notes-cih.md) | -2.6% | +0.1% |
| SOY | 2026-03-10 | [March 2026 WASDE REPORT SUMMARY AND NOTES: - CIH](https://feedsoft.ai/events/20211-march-2026-wasde-report-summary-and-notes-cih.md) | -2.1% | -1.9% |

## Sources

- cihedging.com: https://www.cihedging.com/posts/articles/april-2024-wasde-report-summary-and-notes/

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