# It’s been a bad quarter for corn, soybean and wheat prices

> Third-quarter 2023 saw losses across corn, soybeans and wheat, with wheat the biggest loser. Much of September's decline came on the last day after the USDA Quarterly Stocks report showed corn stocks below expectations.

- Date: 2023-09-29 · published 2023-09-29T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/34143-it-s-been-a-bad-quarter-for-corn-soybean-and-wheat-prices
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Lower-than-expected carry-in stocks tighten the new-crop balance sheet, which can support feed grain prices going forward.

## Read by commodity

- SOY: bearish ▼
- CORN: bullish ▲
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2018-12-18 | [News for wheat prices may not be all bad](https://feedsoft.ai/events/7509-news-for-wheat-prices-may-not-be-all-bad.md) | -1.8% | -2.2% |
| WHEAT | 2019-09-05 | [FAPRI sees lower wheat, corn, soybean prices \| 2019-09-05  \| Food Business News](https://feedsoft.ai/events/9145-fapri-sees-lower-wheat-corn-soybean-prices-2019-09-05-food-business-news.md) | -0.9% | +4.7% |
| WHEAT | 2024-04-04 | [Corn and soybean prices extend losses on oversupply forecasts](https://feedsoft.ai/events/30757-corn-and-soybean-prices-extend-losses-on-oversupply-forecasts.md) | +3.6% | +1.0% |
| WHEAT | 2025-01-22 | [2025 Corn, Soybean, and Wheat Outlook \| CAES Field Report](https://feedsoft.ai/events/26478-2025-corn-soybean-and-wheat-outlook-caes-field-report.md) | +3.1% | +5.1% |
| WHEAT | 2025-05-14 | [USDA forecasts lower wheat, corn, sorghum prices for 2025/26](https://feedsoft.ai/events/24718-usda-forecasts-lower-wheat-corn-sorghum-prices-for-2025-26.md) | -3.8% | -2.9% |
| SOY | 2022-05-28 | [Where Could Corn and Soybean Prices Be this Fall? - AgWeb](https://feedsoft.ai/events/41429-where-could-corn-and-soybean-prices-be-this-fall-agweb.md) | -1.9% | -4.0% |
| SOY | 2023-09-15 | [USDA report triggers corn and soybean price drop, wheat remai ...](https://feedsoft.ai/events/34044-usda-report-triggers-corn-and-soybean-price-drop-wheat-remai.md) | -3.7% | -4.0% |
| SOY | 2019-09-05 | [FAPRI sees lower wheat, corn, soybean prices \| 2019-09-05  \| Food Business News](https://feedsoft.ai/events/9145-fapri-sees-lower-wheat-corn-soybean-prices-2019-09-05-food-business-news.md) | -1.0% | +5.9% |

## Sources

- farmprogress.com: https://www.farmprogress.com/commentary/it-s-been-a-bad-quarter-for-corn-soybean-and-wheat-prices-

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