# Latest WASDE Slightly Disappointing for Wheat and Corn - AG INFORMATION NETWORK OF THE WEST

> USDA's April WASDE left U.S. corn ending stocks at 1.44 billion bushels, even though it cut Ukraine's corn export estimate by 4.5 million tonnes. Brazil's soybean production was lowered to 125 million tonnes from 127 million, and China's soybean import forecast was cut to 91 million tonnes, down 9% from last year.

- Date: 2022-04-15 · published 2022-04-15T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/41803-latest-wasde-slightly-disappointing-for-wheat-and-corn-ag-information-network
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Lower Ukrainian corn exports tighten global corn export supply, while the cut to China's soybean import forecast reduces expected demand for U.S. soybeans.

## Read by commodity

- SOY: bearish ▼
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2024-07-15 | [WASDE update: Better supply prospects for wheat and corn \| articles \| ING THINK](https://feedsoft.ai/events/29205-wasde-update-better-supply-prospects-for-wheat-and-corn-articles-ing-think.md) | -1.5% | -2.1% |
| CORN | 2018-07-13 | [Changes in Wheat Volume in July WASDE - Northern Ag Network](https://feedsoft.ai/events/64004-changes-in-wheat-volume-in-july-wasde-northern-ag-network.md) | +2.2% | +10.2% |
| CORN | 2024-05-13 | [What are the estimates for soy and corn supplies next season?](https://feedsoft.ai/events/30219-what-are-the-estimates-for-soy-and-corn-supplies-next-season.md) | -0.0% | +0.5% |
| CORN | 2019-11-12 | [WASDE Lowers Wheat, Corn and Soybean Forecasts \| AgWired](https://feedsoft.ai/events/56021-wasde-lowers-wheat-corn-and-soybean-forecasts-agwired.md) | -0.5% | -2.9% |
| CORN | 2018-06-13 | [Wheat Prices Rally on Lower U.S. Winter Wheat Production Estimate - Northern Ag Network](https://feedsoft.ai/events/64483-wheat-prices-rally-on-lower-u-s-winter-wheat-production-estimate-northern-ag.md) | -4.1% | -8.2% |
| SOY | 2018-07-13 | [Changes in Wheat Volume in July WASDE - Northern Ag Network](https://feedsoft.ai/events/64004-changes-in-wheat-volume-in-july-wasde-northern-ag-network.md) | +1.9% | +7.0% |
| SOY | 2024-01-15 | [Bearish Surprises for Corn and Soybeans in Latest WASDE Report](https://feedsoft.ai/events/32062-bearish-surprises-for-corn-and-soybeans-in-latest-wasde-report.md) | +1.5% | -1.1% |
| SOY | 2017-04-12 | [USDA Crop Reports Bearish for U.S. Corn, Wheat and Soybean Markets - Northern Ag Network](https://feedsoft.ai/events/71446-usda-crop-reports-bearish-for-u-s-corn-wheat-and-soybean-markets-northern-ag.md) | +1.2% | +2.4% |

## Sources

- aginfo.net: https://www.aginfo.net/report/52705/California-Ag-Today/Latest-WASDE-Slightly-Disappointing-for-Wheat-and-Corn

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