# Key data in USDA's February 8 Wasde report, and difference from market expectations - Grain Price News

> USDA's February 8, 2023 WASDE report put US corn ending stocks at 1,267 million bushels, soybeans at 225 million and wheat at 568 million. Corn was 1 million bushels below market expectations, soybeans 14 million above and wheat 8 million below.

- Date: 2023-02-08 · published 2023-02-08T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/37260-key-data-in-usda-s-february-8-wasde-report-and-difference-from-market
- 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

Stocks figures near multi-year lows keep the supply picture tight, which supports futures prices for corn, soybeans and wheat. Surprises versus trade estimates were small, so the price effect is limited.

## Read by commodity

- SOY: neutral
- CORN: neutral
- WHEAT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2022-05-12 | [Key data in USDA's May 12 Wasde report, and difference from market expectations - Grain Price News](https://feedsoft.ai/events/41349-key-data-in-usda-s-may-12-wasde-report-and-difference-from-market-expectations.md) | -0.3% | -0.9% |
| CORN | 2023-04-11 | [Key data in USDA's April 11 Wasde report, and difference from market expectations - Grain Price News](https://feedsoft.ai/events/36341-key-data-in-usda-s-april-11-wasde-report-and-difference-from-market.md) | +0.4% | +0.2% |
| CORN | 2023-08-14 | [Key data in USDA's August 11 Wasde report, and difference from market expectations - Grain Price News](https://feedsoft.ai/events/34511-key-data-in-usda-s-august-11-wasde-report-and-difference-from-market.md) | +0.3% | -1.6% |
| CORN | 2023-02-08 | [February USDA WASDE Report Neutral and Close to Expectations but Moved Markets Higher](https://feedsoft.ai/events/37261-february-usda-wasde-report-neutral-and-close-to-expectations-but-moved-markets.md) | -0.3% | -4.2% |
| CORN | 2023-02-08 | [Neutral WASDE report maintains expectations – Ohio Ag Net \| Ohio's Country Journal](https://feedsoft.ai/events/37265-neutral-wasde-report-maintains-expectations-ohio-ag-net-ohio-s-country-journal.md) | -0.3% | -4.2% |
| SOY | 2024-05-12 | [Key data in USDA's May 10 Wasde report, and difference from market expectations - Grain Price News](https://feedsoft.ai/events/30218-key-data-in-usda-s-may-10-wasde-report-and-difference-from-market-expectations.md) | +1.9% | -1.4% |
| SOY | 2023-04-11 | [Key data in USDA's April 11 Wasde report, and difference from market expectations - Grain Price News](https://feedsoft.ai/events/36341-key-data-in-usda-s-april-11-wasde-report-and-difference-from-market.md) | +2.0% | -1.2% |
| SOY | 2023-08-14 | [Key data in USDA's August 11 Wasde report, and difference from market expectations - Grain Price News](https://feedsoft.ai/events/34511-key-data-in-usda-s-august-11-wasde-report-and-difference-from-market.md) | -2.7% | -3.5% |

## Sources

- grainpricenews.com: https://grainpricenews.com/2023/02/08/key-data-in-usdas-february-8-wasde-report-and-difference-from-market-expectations/

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