# USDA Releases February Crop Production, WASDE Reports

> USDA's February Crop Production and WASDE reports raised US corn ending stocks by 25 million bushels to 1.267 billion and soybean stocks to 225 million. USDA trimmed Argentina's soybean crop by 4.5 million tonnes to 41 million and its corn crop by 5 million tonnes to 47 million.

- Date: 2023-02-08 · published 2023-02-08T12:00:00.000Z
- Category: report · region Argentina · magnitude medium
- Page: https://feedsoft.ai/events/37262-usda-releases-february-crop-production-wasde-reports
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Cuts to Argentine output tighten global corn and soybean supplies, supporting prices for feed grains and soymeal. Higher US ending stocks partly offset this.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2023-01-12 | [USDA Releases January Crop Production, WASDE, Grain Stocks, Winter Wheat Seedings Reports](https://feedsoft.ai/events/13308-usda-releases-january-crop-production-wasde-grain-stocks-winter-wheat-seedings.md) | +2.2% | +2.2% |
| CORN | 2023-04-11 | [USDA April Crop Production, WASDE Reports Feature Only a Few Changes](https://feedsoft.ai/events/36340-usda-april-crop-production-wasde-reports-feature-only-a-few-changes.md) | +0.4% | +0.2% |
| CORN | 2023-01-13 | [2022 Final Crop Production Report](https://feedsoft.ai/events/13306-2022-final-crop-production-report.md) | +0.4% | +0.2% |
| CORN | 2022-08-12 | [USDA Lowers Corn Production, Increases Soybean Production in August Reports](https://feedsoft.ai/events/39956-usda-lowers-corn-production-increases-soybean-production-in-august-reports.md) | -0.7% | -1.6% |
| CORN | 2026-02-10 | [USDA cuts corn stocks 100M bushels in February WASDE report](https://feedsoft.ai/events/20547-usda-cuts-corn-stocks-100m-bushels-in-february-wasde-report.md) | +0.7% | +1.9% |
| SOY | 2020-06-11 | [USDA Releases June Crop Production, WASDE Reports](https://feedsoft.ai/events/52459-usda-releases-june-crop-production-wasde-reports.md) | +0.7% | +3.8% |
| SOY | 2023-01-12 | [USDA Releases January Crop Production, WASDE, Grain Stocks, Winter Wheat Seedings Reports](https://feedsoft.ai/events/13308-usda-releases-january-crop-production-wasde-grain-stocks-winter-wheat-seedings.md) | -0.0% | +0.3% |
| SOY | 2023-01-13 | [2022 Final Crop Production Report](https://feedsoft.ai/events/13306-2022-final-crop-production-report.md) | -1.5% | +0.8% |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/article/2023/02/08/usda-releases-february-crop-wasde

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