# March 8 WASDE shows higher ending stocks, few chan... | Grain | NDA News AU

> The March 8 WASDE cut U.S. wheat exports by 15 million bushels to 710 million and raised ending stocks by the same amount to 673 million bushels. Global wheat ending stocks were lowered 0.6 million tonnes to 258.8 million, the lowest since 2015/16, while global coarse grain production was cut 2.7 million tonnes.

- Date: 2024-03-16 · published 2024-03-16T12:00:00.000Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/31136-march-8-wasde-shows-higher-ending-stocks-few-chan-grain-nda-news-au
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Lower global wheat stocks and reduced coarse grain output support prices, though higher U.S. wheat carryout limits gains.

## Read by commodity

- CORN: bullish ▲
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2024-12-11 | [December WASDE Shows Decrease in US Corn and Wheat Ending Stocks in 2024/2025](https://feedsoft.ai/events/26903-december-wasde-shows-decrease-in-us-corn-and-wheat-ending-stocks-in-2024-2025.md) | -0.4% | -0.6% |
| WHEAT | 2025-07-11 | [USDA Lowers New-Crop Corn Ending Stocks More Than Expected in Latest WASDE.](https://feedsoft.ai/events/23706-usda-lowers-new-crop-corn-ending-stocks-more-than-expected-in-latest-wasde.md) | -2.3% | -2.1% |
| WHEAT | 2021-01-12 | [WASDE Lowers Corn/Soy Ending Stocks Again - AgWeb](https://feedsoft.ai/events/49087-wasde-lowers-corn-soy-ending-stocks-again-agweb.md) | +2.3% | -3.8% |
| WHEAT | 2023-03-08 | [Report snapshot: higher U.S. and global corn ending stocks - Pro Farmer](https://feedsoft.ai/events/36816-report-snapshot-higher-u-s-and-global-corn-ending-stocks-pro-farmer.md) | -0.9% | -4.6% |
| WHEAT | 2021-07-12 | [U.S. corn ending stocks top forecasts in WASDE report](https://feedsoft.ai/events/46002-u-s-corn-ending-stocks-top-forecasts-in-wasde-report.md) | -0.8% | +0.2% |
| CORN | 2021-06-11 | [WASDE Slashes Corn Ending Stocks \| Feed & Grain](https://feedsoft.ai/events/46506-wasde-slashes-corn-ending-stocks-feed-and-grain.md) | -6.1% | -4.6% |
| CORN | 2020-12-03 | [USDA Grain Stocks & WASDE Shock Markets \| Feed & Grain](https://feedsoft.ai/events/49679-usda-grain-stocks-and-wasde-shock-markets-feed-and-grain.md) | +0.0% | +3.9% |
| CORN | 2024-12-11 | [December WASDE Shows Decrease in US Corn and Wheat Ending Stocks in 2024/2025](https://feedsoft.ai/events/26903-december-wasde-shows-decrease-in-us-corn-and-wheat-ending-stocks-in-2024-2025.md) | +0.5% | +2.4% |

## Sources

- au.nda.news: https://au.nda.news/grain-st_8473/news/march-8-wasde-shows-higher-ending-stocks-few-changes-for-corn-wheat-soybeans-sn_5597289/

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