# April WASDE within expectations on U.S. balance sheet; global corn and wheat adjusted - Agweek | #1 source for agriculture news, farming, markets

> USDA's April WASDE left U.S. old-crop corn ending stocks at 1.44 billion bushels and cut U.S. wheat exports to 785 million bushels. Global wheat stocks were projected at 278.4 million tonnes, a five-year low, while world corn carryover rose 4.5 million tonnes to 305.5 million.

- Date: 2022-04-08 · published 2022-04-08T12:00:00.000Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/41797-april-wasde-within-expectations-on-u-s-balance-sheet-global-corn-and-wheat
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Tighter global wheat stocks and lower U.S. wheat exports support wheat prices, while higher world corn carryover offsets some corn tightness for feed buyers.

## Read by commodity

- CORN: bearish ▼
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2021-07-12 | [July WASDE optimistic for wheat but less so for corn and soybeans - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/46005-july-wasde-optimistic-for-wheat-but-less-so-for-corn-and-soybeans-agweek-1.md) | -0.8% | +0.2% |
| WHEAT | 2017-05-10 | [U.S. soy stocks seen rising, corn stocks seen falling in 2017-18 - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/70936-u-s-soy-stocks-seen-rising-corn-stocks-seen-falling-in-2017-18-agweek-1-source.md) | -2.4% | +0.5% |
| WHEAT | 2021-05-21 | [Surprises made May USDA report more negative than expected - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/12366-surprises-made-may-usda-report-more-negative-than-expected-agweek-1-source-for.md) | -1.7% | +2.2% |
| WHEAT | 2017-02-13 | [USDA Report Cuts Stocks - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/72450-usda-report-cuts-stocks-agweek-1-source-for-agriculture-news-farming-markets.md) | -1.1% | -1.8% |
| WHEAT | 2021-08-20 | [Market turns quiet after report - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/12608-market-turns-quiet-after-report-agweek-1-source-for-agriculture-news-farming.md) | +1.0% | +5.2% |
| CORN | 2023-08-11 | [August WASDE cuts export expectations for corn, soybeans and wheat - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/12249-august-wasde-cuts-export-expectations-for-corn-soybeans-and-wheat-agweek-1.md) | -1.6% | -2.3% |
| CORN | 2024-10-11 | [WASDE surprises with higher wheat stocks than expected - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/27803-wasde-surprises-with-higher-wheat-stocks-than-expected-agweek-1-source-for.md) | -1.8% | +0.9% |
| CORN | 2021-07-12 | [July WASDE optimistic for wheat but less so for corn and soybeans - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/46005-july-wasde-optimistic-for-wheat-but-less-so-for-corn-and-soybeans-agweek-1.md) | -6.7% | -7.2% |

## Sources

- agweek.com: https://www.agweek.com/business/markets/april-wasde-within-expectations-on-u-s-balance-sheet-global-corn-and-wheat-adjusted

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