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

> Grain Price News tabulates the key figures from USDA's November 9 WASDE against Reuters market expectations. US corn production was 13,930 million bushels, 43 million above expectations, and soybean production was 4,346 million bushels, 31 million above.

- Date: 2022-11-09 · published 2022-11-09T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/38643-key-data-in-usda-s-november-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

Production and stock figures above trade estimates signal a looser US corn and soybean balance, which supports lower prices. World wheat stocks came in above expectations too, adding to bearish pressure.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2022-12-09 | [Key data in USDA's December 9 Wasde report, and difference from market expectations - Grain Price News](https://feedsoft.ai/events/38184-key-data-in-usda-s-december-9-wasde-report-and-difference-from-market.md) | +1.9% | +2.9% |
| 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 | 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) | +5.8% | +9.7% |
| SOY | 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) | -8.9% | -4.3% |
| SOY | 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) | -2.2% | +2.9% |

## Sources

- grainpricenews.com: https://grainpricenews.com/2022/11/09/key-data-in-usdas-november-9-wasde-report-and-difference-from-market-expectations/

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