# Small Changes and Season Average Price Forecasts - farmdoc daily

> Farmdoc daily reviewed the June 10 WASDE and noted only minor changes to U.S. corn, soybean and wheat balance sheets. Corn futures rose four cents, soybeans fell 14 cents and soft red winter wheat dropped one cent after the report.

- Date: 2022-06-13 · published 2022-06-13T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/40900-small-changes-and-season-average-price-forecasts-farmdoc-daily
- 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

Limited new information on crop size means prices will depend on weather and the June 30 Acreage report. Current balance sheets give little direction for feed grain or oilseed values.

## Read by commodity

- SOY: neutral
- CORN: neutral
- WHEAT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2022-09-27 | [Fertilizer Prices, Rates, and Costs for 2023 - farmdoc daily](https://feedsoft.ai/events/11906-fertilizer-prices-rates-and-costs-for-2023-farmdoc-daily.md) | +1.8% | +4.0% |
| CORN | 2024-09-01 | [Preseason maize and wheat yield forecasts for early warning of crop failure](https://feedsoft.ai/events/28671-preseason-maize-and-wheat-yield-forecasts-for-early-warning-of-crop-failure.md) | +1.2% | +5.1% |
| CORN | 2022-09-01 | [USDA: Farm Sector Profits Forecast to Remain Above Average in 2022 - Pro Farmer](https://feedsoft.ai/events/39590-usda-farm-sector-profits-forecast-to-remain-above-average-in-2022-pro-farmer.md) | -1.8% | -2.9% |
| CORN | 2022-12-14 | [Corn and Soybean Yields in 2022 - farmdoc daily](https://feedsoft.ai/events/13311-corn-and-soybean-yields-in-2022-farmdoc-daily.md) | +0.8% | +2.1% |
| CORN | 2021-06-25 | [As Higher Milk Production Forecasts Settle In, Can Export Demand Help Save Prices? - Dairy Herd](https://feedsoft.ai/events/46748-as-higher-milk-production-forecasts-settle-in-can-export-demand-help-save.md) | +5.6% | -5.6% |
| SOY | 2017-05-15 | [2017-18 Market Prospects for Corn and Soybeans - farmdoc daily](https://feedsoft.ai/events/70852-2017-18-market-prospects-for-corn-and-soybeans-farmdoc-daily.md) | -0.1% | -2.4% |
| SOY | 2020-07-06 | [USDA Surprises Drive Corn Prices Higher - farmdoc daily](https://feedsoft.ai/events/52152-usda-surprises-drive-corn-prices-higher-farmdoc-daily.md) | -0.1% | +0.6% |
| SOY | 2022-09-01 | [USDA: Farm Sector Profits Forecast to Remain Above Average in 2022 - Pro Farmer](https://feedsoft.ai/events/39590-usda-farm-sector-profits-forecast-to-remain-above-average-in-2022-pro-farmer.md) | -2.5% | -6.4% |

## Sources

- origin.farmdocdaily.illinois.edu: https://origin.farmdocdaily.illinois.edu/2022/06/wasde-report-recap-for-june-2022-small-changes-and-season-average-price-forecasts.html

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