# April WASDE report a bit disappointing | Iowa Agribusiness Radio Network

> USDA's April WASDE left several expected changes unmade, and analysts described a slightly bearish tone. Brazil's soybean crop has been getting worse while its corn crop looks better, and Argentina's corn numbers were unchanged. World corn ending stocks rose by a larger amount than expected.

- Date: 2022-04-08 · published 2022-04-08T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/41802-april-wasde-report-a-bit-disappointing-iowa-agribusiness-radio-network
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Brazil's weaker soybean crop supports soy prices, while a better Brazilian corn crop and higher world corn stocks weigh on corn prices.

## Read by commodity

- SOY: bullish ▲
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2020-01-10 | [WASDE report: “Not as friendly? as expected \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/55024-wasde-report-not-as-friendly-as-expected-iowa-agribusiness-radio-network.md) | -1.0% | -5.5% |
| SOY | 2018-04-16 | [Demand for U.S. soy remains strong \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/65599-demand-for-u-s-soy-remains-strong-iowa-agribusiness-radio-network.md) | -2.4% | -5.6% |
| SOY | 2017-06-30 | [USDA Reports Spark Market Rally and Opportunity for Growers \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/70551-usda-reports-spark-market-rally-and-opportunity-for-growers-iowa-agribusiness.md) | +8.8% | +9.3% |
| SOY | 2018-02-08 | [USDA lowers soy exports, market reacts bullishly \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/66448-usda-lowers-soy-exports-market-reacts-bullishly-iowa-agribusiness-radio-network.md) | +3.5% | +7.2% |
| SOY | 2021-02-12 | [Rising feed costs may change feeder cattle market \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/48785-rising-feed-costs-may-change-feeder-cattle-market-iowa-agribusiness-radio.md) | +0.7% | +3.5% |
| CORN | 2020-01-10 | [WASDE report: “Not as friendly? as expected \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/55024-wasde-report-not-as-friendly-as-expected-iowa-agribusiness-radio-network.md) | -1.0% | -0.7% |
| CORN | 2019-05-10 | [USDA releases ?big, bearish numbers? in WASDE \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/59046-usda-releases-big-bearish-numbers-in-wasde-iowa-agribusiness-radio-network.md) | +5.8% | +12.3% |
| CORN | 2017-07-12 | [Grain market tumbles following USDA report - Iowa Agribusiness Radio Network](https://feedsoft.ai/events/6473-grain-market-tumbles-following-usda-report-iowa-agribusiness-radio-network.md) | -4.1% | -5.2% |

## Sources

- iowaagribusinessradionetwork.com: https://iowaagribusinessradionetwork.com/april-wasde-report-a-bit-disappointing/

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