# Corn crumbles on rising stocks – The Seam

> Corn and wheat prices fell after USDA quarterly stocks and acreage reports showed rising corn and wheat supplies, with some contracts losing more than 4%. Soybeans closed slightly higher, and crude oil dropped over 3% on rising OPEC output.

- Date: 2022-06-30 · published 2022-06-30T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/40953-corn-crumbles-on-rising-stocks-the-seam
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Higher-than-expected grain stocks weigh on corn and wheat feed prices, while lower crude oil reduces support for soybean oil and biofuel-linked demand.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2018-02-08 | [USDA Lowers Corn Stocks, Prices Rise](https://feedsoft.ai/events/10009-usda-lowers-corn-stocks-prices-rise.md) | -0.5% | +1.3% |
| WHEAT | 2019-04-01 | [Large Corn Stocks, Seedings Surprise the Market - ProAg](https://feedsoft.ai/events/59546-large-corn-stocks-seedings-surprise-the-market-proag.md) | -5.3% | -8.2% |
| WHEAT | 2022-09-12 | [WASDE sparks a corn, soybean rally – The Seam](https://feedsoft.ai/events/39609-wasde-sparks-a-corn-soybean-rally-the-seam.md) | -0.5% | +4.9% |
| WHEAT | 2022-10-12 | [Was WASDE cruel or kind? – The Seam](https://feedsoft.ai/events/5091-was-wasde-cruel-or-kind-the-seam.md) | +3.6% | +4.6% |
| WHEAT | 2017-09-29 | [Corn, Soybean Futures Climb on Surprise Stocks Report \| Fox Business](https://feedsoft.ai/events/7538-corn-soybean-futures-climb-on-surprise-stocks-report-fox-business.md) | +5.6% | +10.7% |
| SOY | 2024-12-10 | [USDA Reduces U.S. Corn Ending Stocks More Than Expected](https://feedsoft.ai/events/26900-usda-reduces-u-s-corn-ending-stocks-more-than-expected.md) | -0.8% | -0.3% |
| SOY | 2025-09-30 | [Canada Know-Risk Market Outlook \| Corn Stocks Higher Than Expected](https://feedsoft.ai/events/22797-canada-know-risk-market-outlook-corn-stocks-higher-than-expected.md) | +0.7% | +5.6% |
| SOY | 2021-06-11 | [Old-Crop Corn Stocks Surprise of WASDE Report \| Feed & Grain](https://feedsoft.ai/events/46505-old-crop-corn-stocks-surprise-of-wasde-report-feed-and-grain.md) | -13.9% | -9.1% |

## Sources

- theseam.com: https://www.theseam.com/corn-crumbles-on-rising-stocks/

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