# U.S. crop prices climb following April WASDE report - AgCanada

> Analysts said USDA's April WASDE kept U.S. corn ending stocks at 1.44 billion bushels, above the trade guess of 1.415 billion, and raised wheat stocks to 678 million bushels against an expected 656 million. Soybean stocks fell to 260 million bushels from 285 million. Corn, wheat and soybean futures all rose after the report.

- Date: 2022-04-09 · published 2022-04-09T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/41799-u-s-crop-prices-climb-following-april-wasde-report-agcanada
- 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

Despite bearish stock numbers, buyers kept bidding and volumes were light, so prices rose; feed costs are being supported by market sentiment rather than the fundamentals in the report.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2023-04-11 | [USDA April Crop Production, WASDE Reports Feature Only a Few Changes](https://feedsoft.ai/events/36340-usda-april-crop-production-wasde-reports-feature-only-a-few-changes.md) | +0.4% | +0.2% |
| CORN | 2021-04-01 | [Agriculture ETFs Surge Following a Surprise USDA Report](https://feedsoft.ai/events/47553-agriculture-etfs-surge-following-a-surprise-usda-report.md) | +0.1% | +17.6% |
| CORN | 2023-02-08 | [USDA Releases February Crop Production, WASDE Reports](https://feedsoft.ai/events/37262-usda-releases-february-crop-production-wasde-reports.md) | -0.3% | -4.2% |
| CORN | 2025-05-01 | [April WASDE Report Is Quiet, But Friendly For Corn](https://feedsoft.ai/events/25069-april-wasde-report-is-quiet-but-friendly-for-corn.md) | -3.8% | -1.4% |
| CORN | 2021-04-09 | [USDA’s WASDE report confirms corn stocks are shrinking](https://feedsoft.ai/events/47547-usda-s-wasde-report-confirms-corn-stocks-are-shrinking.md) | +1.1% | +23.4% |
| WHEAT | 2021-04-01 | [Agriculture ETFs Surge Following a Surprise USDA Report](https://feedsoft.ai/events/47553-agriculture-etfs-surge-following-a-surprise-usda-report.md) | +0.2% | +4.6% |
| WHEAT | 2021-07-12 | [U.S. corn ending stocks top forecasts in WASDE report](https://feedsoft.ai/events/46002-u-s-corn-ending-stocks-top-forecasts-in-wasde-report.md) | -0.8% | +0.2% |
| WHEAT | 2020-12-10 | [CBOT weekly outlook: Some surprises in USDA's WASDE - AgCanada](https://feedsoft.ai/events/49579-cbot-weekly-outlook-some-surprises-in-usda-s-wasde-agcanada.md) | -1.5% | +4.0% |

## Sources

- agcanada.com: https://www.agcanada.com/daily/u-s-crop-prices-climb-following-april-wasde-report

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