# Key data in USDA's December 9 Wasde report, and difference from market expectations - Grain Price News

> USDA's December 9 WASDE raised U.S. corn stocks for 2022-23 by 75 million bushels to 1.257 billion. Compared with Reuters poll expectations, corn stocks were 20 million bushels higher, soybean stocks 18 million lower and wheat stocks 5 million lower. Global corn, soybean and wheat stocks were also reported against expectations.

- Date: 2022-12-09 · published 2022-12-09T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/38184-key-data-in-usda-s-december-9-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

The corn stock surprise was modestly bearish, while the lower soybean and wheat stock figures than expected are supportive for those markets.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2022-11-09 | [Key data in USDA's November 9 Wasde report, and difference from market expectations - Grain Price News](https://feedsoft.ai/events/38643-key-data-in-usda-s-november-9-wasde-report-and-difference-from-market.md) | +1.6% | -5.7% |
| CORN | 2023-06-11 | [Key data in USDA's June 9 Wasde report, and difference from market expectations - Grain Price News](https://feedsoft.ai/events/35445-key-data-in-usda-s-june-9-wasde-report-and-difference-from-market-expectations.md) | +6.8% | -3.2% |
| CORN | 2023-05-14 | [Key data in USDA's May 12 Wasde report, and difference from market expectations - Grain Price News](https://feedsoft.ai/events/35886-key-data-in-usda-s-may-12-wasde-report-and-difference-from-market-expectations.md) | -8.8% | -9.3% |
| CORN | 2022-10-12 | [Key data in USDA's October 12 Wasde report, and difference from market expectations - Grain Price News](https://feedsoft.ai/events/39093-key-data-in-usda-s-october-12-wasde-report-and-difference-from-market.md) | +1.9% | -1.0% |
| CORN | 2024-04-12 | [Key data in USDA's April 11 Wasde report, and difference from market expectations - Grain Price News](https://feedsoft.ai/events/30672-key-data-in-usda-s-april-11-wasde-report-and-difference-from-market.md) | -0.2% | +1.2% |
| SOY | 2022-09-12 | [Key data in USDA's September 12 Wasde report, and difference from market expectations - Grain Price News](https://feedsoft.ai/events/39552-key-data-in-usda-s-september-12-wasde-report-and-difference-from-market.md) | -2.7% | -8.2% |
| SOY | 2023-10-12 | [Key data in USDA's October 12 Wasde report, and difference from market expectations - Grain Price News](https://feedsoft.ai/events/33587-key-data-in-usda-s-october-12-wasde-report-and-difference-from-market.md) | +4.7% | +7.7% |
| SOY | 2022-10-12 | [Key data in USDA's October 12 Wasde report, and difference from market expectations - Grain Price News](https://feedsoft.ai/events/39093-key-data-in-usda-s-october-12-wasde-report-and-difference-from-market.md) | -0.3% | +4.9% |

## Sources

- grainpricenews.com: https://grainpricenews.com/2022/12/09/key-data-in-usdas-december-9-wasde-report-and-difference-from-market-expectations/

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