# Wheat, corn and soybean highlights of USDA’s December WASDE report | The Mighty 790 KFGO | KFGO

> USDA raised 2023/24 U.S. wheat exports by 25 million bushels to 725 million, mainly on large recent sales of soft red winter wheat to China. SRW exports were raised 30 million bushels to 175 million, the largest since 2013/14. Global wheat supplies were raised 1.3 million tons on higher Australian and Canadian output.

- Date: 2023-12-08 · published 2023-12-08T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/32639-wheat-corn-and-soybean-highlights-of-usda-s-december-wasde-report-the-mighty
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Stronger export demand for SRW wheat, especially from China, reduces U.S. ending stocks and supports wheat prices. Higher global supply partly offsets this.

## Read by commodity

- CORN: neutral
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2026-07-14 | [Historic Wheat Production Decline, Tighter Corn Supplies Highlight USDA's July WASDE Report - ProAg](https://feedsoft.ai/events/18276-historic-wheat-production-decline-tighter-corn-supplies-highlight-usda-s-july.md) | +4.5% | +1.1% |
| WHEAT | 2023-12-08 | [USDA’s December WASDE Forecasts Lower Domestic Corn and Wheat Supplies](https://feedsoft.ai/events/32629-usda-s-december-wasde-forecasts-lower-domestic-corn-and-wheat-supplies.md) | -4.0% | +1.2% |
| WHEAT | 2018-06-13 | [Corn and Wheat Pop on June WASDE Report \| Hoosier Ag Today](https://feedsoft.ai/events/64484-corn-and-wheat-pop-on-june-wasde-report-hoosier-ag-today.md) | -2.0% | -8.2% |
| WHEAT | 2017-07-20 | [USDA exports – Sales surge for corn, soybeans and wheat](https://feedsoft.ai/events/69823-usda-exports-sales-surge-for-corn-soybeans-and-wheat.md) | -2.7% | +0.0% |
| WHEAT | 2021-01-12 | [USDA numbers send corn, soybeans, wheat higher - Brownfield Ag News](https://feedsoft.ai/events/49092-usda-numbers-send-corn-soybeans-wheat-higher-brownfield-ag-news.md) | +2.3% | -3.8% |
| CORN | 2026-04-10 | [USDA's Latest WASDE Reveals a Split Market—Wheat Swells, Corn and Soybeans Hold Steady \| Michigan Ag Today](https://feedsoft.ai/events/19670-usda-s-latest-wasde-reveals-a-split-market-wheat-swells-corn-and-soybeans-hold.md) | +1.0% | +2.2% |
| CORN | 2026-09-11 | [September WASDE 2026: Corn, Wheat & Soybean Outlook \| Prospex*Agro](https://feedsoft.ai/events/17405-september-wasde-2026-corn-wheat-and-soybean-outlook-prospex-agro.md) | +2.5% | -0.2% |
| CORN | 2024-03-08 | [PF Report Reaction: USDA cuts global ending stocks for corn, soybeans, wheat and cotton - Pro Farmer](https://feedsoft.ai/events/31133-pf-report-reaction-usda-cuts-global-ending-stocks-for-corn-soybeans-wheat-and.md) | -0.3% | -3.1% |

## Sources

- kfgo.com: https://kfgo.com/2023/12/08/wheat-corn-and-soybean-highlights-of-usdas-december-wasde-report/

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