# Key data in USDA's August 12 Wasde report, and difference from market expectations - Grain Price News

> USDA's August 12 WASDE data is compared with Reuters poll expectations, showing corn yield 0.5 bushel below trade expectations and soybean yield 0.8 bushel above. US 2022/23 ending stocks were corn 1.388 billion bushels, soybeans 245 million and all wheat 610 million.

- Date: 2022-08-12 · published 2022-08-12T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/39958-key-data-in-usda-s-august-12-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

Corn ending stocks and yield came in below expectations, supporting corn, while soybean production above forecast and wheat stocks 40 million bushels under trade expectations shape the soy and wheat outlook.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 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) | -0.0% | +0.5% |
| CORN | 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) | -0.4% | -1.5% |
| CORN | 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) | -1.1% | -1.5% |
| CORN | 2022-09-30 | [Key data in USDA stocks and wheat harvest reports, and difference from market forecasts - Grain Price News](https://feedsoft.ai/events/39554-key-data-in-usda-stocks-and-wheat-harvest-reports-and-difference-from-market.md) | +1.0% | +3.8% |
| 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% |
| 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 | 2023-07-13 | [Key data in USDA's July 12 Wasde report, and difference from market expectations - Grain Price News](https://feedsoft.ai/events/34984-key-data-in-usda-s-july-12-wasde-report-and-difference-from-market-expectations.md) | +0.2% | -3.8% |
| SOY | 2024-06-12 | [Key data in USDA's June 12 Wasde report, and difference from market expectations - Grain Price News](https://feedsoft.ai/events/29693-key-data-in-usda-s-june-12-wasde-report-and-difference-from-market-expectations.md) | -0.3% | -3.0% |

## Sources

- grainpricenews.com: https://grainpricenews.com/2022/08/12/key-data-in-usdas-august-12-wasde-report-and-difference-from-market-expectations/

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