# No Surprises in Stocks Report | Red River Farm Network

> USDA made only minor adjustments to U.S. corn, soybean and wheat ending stocks in its December report. Corn ending stocks were estimated at 2.13 billion bushels, down from 2.16 billion, while soybean stocks were unchanged and wheat stocks were cut by 25 million bushels.

- Date: 2023-12-08 · published 2023-12-08T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/32637-no-surprises-in-stocks-report-red-river-farm-network
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

The small revisions leave the U.S. grain balance largely as expected, so the report has limited price impact.

## Read by commodity

- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2021-07-12 | [Grain Stocks Surprise Traders in the July WASDE Report \| Red River Farm Network](https://feedsoft.ai/events/46000-grain-stocks-surprise-traders-in-the-july-wasde-report-red-river-farm-network.md) | -6.7% | -7.2% |
| CORN | 2020-09-14 | [A Slight Surprise for Soybeans in Friday’s Report \| Red River Farm Network](https://feedsoft.ai/events/51067-a-slight-surprise-for-soybeans-in-friday-s-report-red-river-farm-network.md) | +3.4% | +4.6% |
| CORN | 2019-12-11 | [More Details Expected in January WASDE Report \| Red River Farm Network](https://feedsoft.ai/events/55515-more-details-expected-in-january-wasde-report-red-river-farm-network.md) | +5.1% | +4.1% |
| CORN | 2020-06-11 | [No major surprises in USDA's WASDE report - Brownfield Ag News](https://feedsoft.ai/events/52555-no-major-surprises-in-usda-s-wasde-report-brownfield-ag-news.md) | +1.0% | +5.3% |

## Sources

- rrfn.com: https://www.rrfn.com/2023/12/08/no-surprises-in-stocks-report/

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