# How well did WASDE meet expectations? – The Seam

> Grain prices were mixed but mostly lower after the August WASDE included several unexpected figures. Corn firmed on technical buying after lower-than-expected yield, wheat trended lower, and soybeans were mixed, with crude oil down 2.5% to $92 per barrel.

- Date: 2022-08-12 · published 2022-08-12T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/39960-how-well-did-wasde-meet-expectations-the-seam
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

The mixed reaction reflects offsetting report surprises, so the net price impact on feed grains is limited, while lower energy prices reduce pressure on input and freight costs.

## Read by commodity

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

## Sources

- theseam.com: https://www.theseam.com/how-well-did-wasde-meet-expectations/

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