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

> The May WASDE showed US corn, soybean, and wheat stocks compared with USDA's prior outlook and trade expectations. Corn 2022/23 ending stocks came in at 1.360 billion bushels, soybean stocks at 310 million, and all-wheat stocks at 619 million.

- Date: 2022-05-12 · published 2022-05-12T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/41349-key-data-in-usda-s-may-12-wasde-report-and-difference-from-market-expectations
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Corn stocks above trade expectations are mildly bearish, while lower wheat stocks support prices, so the net effect on feed grain prices is mixed.

## Read by commodity

- CORN: neutral
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2023-04-11 | [Key data in USDA's April 11 Wasde report, and difference from market expectations - Grain Price News](https://feedsoft.ai/events/36341-key-data-in-usda-s-april-11-wasde-report-and-difference-from-market.md) | +0.4% | +0.2% |
| CORN | 2023-08-14 | [Key data in USDA's August 11 Wasde report, and difference from market expectations - Grain Price News](https://feedsoft.ai/events/34511-key-data-in-usda-s-august-11-wasde-report-and-difference-from-market.md) | +0.3% | -1.6% |
| CORN | 2023-02-08 | [Key data in USDA's February 8 Wasde report, and difference from market expectations - Grain Price News](https://feedsoft.ai/events/37260-key-data-in-usda-s-february-8-wasde-report-and-difference-from-market.md) | -0.3% | -4.2% |
| CORN | 2023-02-08 | [February USDA WASDE Report Neutral and Close to Expectations but Moved Markets Higher](https://feedsoft.ai/events/37261-february-usda-wasde-report-neutral-and-close-to-expectations-but-moved-markets.md) | -0.3% | -4.2% |
| CORN | 2023-02-08 | [Neutral WASDE report maintains expectations – Ohio Ag Net \| Ohio's Country Journal](https://feedsoft.ai/events/37265-neutral-wasde-report-maintains-expectations-ohio-ag-net-ohio-s-country-journal.md) | -0.3% | -4.2% |
| WHEAT | 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) | -1.6% | -7.1% |
| WHEAT | 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) | -2.1% | -3.3% |
| WHEAT | 2022-08-12 | [Key data in USDA's August 12 Wasde report, and difference from market expectations - Grain Price News](https://feedsoft.ai/events/39958-key-data-in-usda-s-august-12-wasde-report-and-difference-from-market.md) | -2.3% | -11.7% |

## Sources

- grainpricenews.com: https://grainpricenews.com/2022/05/12/key-data-in-usdas-may-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.