# PF Report Reaction: U.S. corn, wheat ending stocks higher than expected - Pro Farmer

> USDA left U.S. old-crop corn ending stocks unchanged at 1.44 billion bushels, when traders had expected a 25-million-bushel cut. Wheat stocks rose to 678 million bushels from 653 million, and soybean stocks fell to 260 million bushels. Corn futures and soybeans traded higher after the release.

- Date: 2022-04-08 · published 2022-04-08T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/41798-pf-report-reaction-u-s-corn-wheat-ending-stocks-higher-than-expected-pro-farmer
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

A corn carryout that did not fall as expected and higher wheat stocks are bearish surprises, while the lower soybean carryout partly offsets them for soy-based feed.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2022-02-09 | [PF Report Reaction: U.S. ending stocks higher than expected - Pro Farmer](https://feedsoft.ai/events/42675-pf-report-reaction-u-s-ending-stocks-higher-than-expected-pro-farmer.md) | +0.5% | +15.2% |
| CORN | 2023-04-11 | [PF Report Reaction: USDA unexpectedly keeps corn, soybean ending stocks unchanged - Pro Farmer](https://feedsoft.ai/events/36343-pf-report-reaction-usda-unexpectedly-keeps-corn-soybean-ending-stocks-unchanged.md) | +0.4% | +0.2% |
| CORN | 2026-06-11 | [Report Reaction \| Corn, wheat see higher global ending stocks despite production concerns - Pro Farmer](https://feedsoft.ai/events/18733-report-reaction-corn-wheat-see-higher-global-ending-stocks-despite-production.md) | +0.4% | -0.5% |
| CORN | 2025-09-30 | [Report Reaction \| Corn stocks top expectations - Pro Farmer](https://feedsoft.ai/events/9843-report-reaction-corn-stocks-top-expectations-pro-farmer.md) | +0.8% | +1.0% |
| CORN | 2023-03-08 | [Report snapshot: higher U.S. and global corn ending stocks - Pro Farmer](https://feedsoft.ai/events/36816-report-snapshot-higher-u-s-and-global-corn-ending-stocks-pro-farmer.md) | -1.6% | -0.6% |
| WHEAT | 2022-02-09 | [PF Report Reaction: U.S. ending stocks higher than expected - Pro Farmer](https://feedsoft.ai/events/42675-pf-report-reaction-u-s-ending-stocks-higher-than-expected-pro-farmer.md) | +0.4% | +18.0% |
| WHEAT | 2023-04-11 | [PF Report Reaction: USDA unexpectedly keeps corn, soybean ending stocks unchanged - Pro Farmer](https://feedsoft.ai/events/36343-pf-report-reaction-usda-unexpectedly-keeps-corn-soybean-ending-stocks-unchanged.md) | +8.8% | -0.9% |
| WHEAT | 2025-09-30 | [Report Reaction \| Corn stocks top expectations - Pro Farmer](https://feedsoft.ai/events/9843-report-reaction-corn-stocks-top-expectations-pro-farmer.md) | +0.4% | +5.9% |

## Sources

- profarmer.com: https://www.profarmer.com/news/agriculture-news/pf-report-reaction-u-s-corn-wheat-ending-stocks-higher-expected

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