# USDA's WASDE trims South American corn crops - Grain Central

> USDA's January WASDE cut Brazil's 2022-23 corn crop by 1 million tonnes to 125 million and Argentina's by 3 million to 52 million. The report left Australian wheat at 36.6 million tonnes and raised Ukraine and EU production, while US corn and soybean harvested area came in below expectations.

- Date: 2023-01-13 · published 2023-01-13T12:00:00.000Z
- Category: report · region Brazil · magnitude medium
- Page: https://feedsoft.ai/events/37741-usda-s-wasde-trims-south-american-corn-crops-grain-central
- 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

Lower South American corn supply tightens the export balance and supports corn and soy prices, while a larger Ukrainian crop partly offsets the wheat impact.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲
- WHEAT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2025-02-11 | [USDA trims South American corn, soybean estimates \| Crop Conditions \| farmweeknow.com](https://feedsoft.ai/events/25994-usda-trims-south-american-corn-soybean-estimates-crop-conditions-farmweeknow-com.md) | +1.4% | -5.7% |
| CORN | 2019-11-11 | [Wheat crops bigger, corn smaller, mirroring stock outlooks: USDA - Grain Central](https://feedsoft.ai/events/56012-wheat-crops-bigger-corn-smaller-mirroring-stock-outlooks-usda-grain-central.md) | -1.0% | -3.2% |
| CORN | 2021-06-10 | [Corn stocks cut in USDA WASDE report - Grainews](https://feedsoft.ai/events/46509-corn-stocks-cut-in-usda-wasde-report-grainews.md) | -1.8% | -2.6% |
| CORN | 2018-11-08 | [USDA cuts corn, soybean crops](https://feedsoft.ai/events/61984-usda-cuts-corn-soybean-crops.md) | -6.8% | -0.4% |
| CORN | 2020-10-06 | [USDA drops a bombshell and the markets explode - Grain Central](https://feedsoft.ai/events/11634-usda-drops-a-bombshell-and-the-markets-explode-grain-central.md) | +2.6% | +6.8% |
| SOY | 2025-02-11 | [USDA trims South American corn, soybean estimates \| Crop Conditions \| farmweeknow.com](https://feedsoft.ai/events/25994-usda-trims-south-american-corn-soybean-estimates-crop-conditions-farmweeknow-com.md) | -1.0% | -4.9% |
| SOY | 2020-10-06 | [USDA drops a bombshell and the markets explode - Grain Central](https://feedsoft.ai/events/11634-usda-drops-a-bombshell-and-the-markets-explode-grain-central.md) | +1.2% | +2.9% |
| SOY | 2025-02-14 | [WASDE Shows Decrease in South American Corn and Soybean Production for 2024/2025](https://feedsoft.ai/events/25997-wasde-shows-decrease-in-south-american-corn-and-soybean-production-for-2024-2025.md) | +0.9% | -3.0% |

## Sources

- graincentral.com: https://www.graincentral.com/markets/usdas-wasde-trims-south-american-corn-crops/

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