# February 2024 WASDE Report Summary and Notes - CIH

> CIH described the February WASDE as relatively neutral for corn, soybeans and wheat, since domestic ending stocks were near pre-report expectations. The report noted higher exports from Ukraine and Argentina, lower expected U.S. soybean exports and a U.S. stocks-to-use ratio at its highest since 2018/19.

- Date: 2024-02-08 · published 2024-02-08T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/31632-february-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

A high stocks-to-use ratio and lower soybean exports point to ample supply that caps any price rally for feed grains and oilseeds.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2024-04-11 | [APRIL 2024 WASDE REPORT SUMMARY AND NOTES: - CIH](https://feedsoft.ai/events/30677-april-2024-wasde-report-summary-and-notes-cih.md) | -0.4% | +0.8% |
| 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 | 2020-02-20 | [Focus on Ag: February WASDE report offers very few surprises](https://feedsoft.ai/events/54559-focus-on-ag-february-wasde-report-offers-very-few-surprises.md) | -2.4% | -7.1% |
| CORN | 2020-02-25 | [February WASDE Report Offers Very Few Surprises - MinnStar Bank](https://feedsoft.ai/events/54563-february-wasde-report-offers-very-few-surprises-minnstar-bank.md) | +0.4% | -4.8% |
| SOY | 2026-01-12 | [January 2026 WASDE REPORT SUMMARY AND NOTES: - CIH](https://feedsoft.ai/events/7096-january-2026-wasde-report-summary-and-notes-cih.md) | +0.9% | +5.9% |
| SOY | 2024-01-12 | [JANUARY 2024 WASDE REPORT SUMMARY & NOTES: - CIH](https://feedsoft.ai/events/32064-january-2024-wasde-report-summary-and-notes-cih.md) | -1.5% | -3.9% |
| SOY | 2026-02-11 | [February 2026 WASDE Update](https://feedsoft.ai/events/20545-february-2026-wasde-update.md) | +1.0% | +6.9% |

## Sources

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

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