# Few Surprises in Supply/Demand Report | Red River Farm Network

> USDA's March WASDE left 2021/22 U.S. corn ending stocks at 1.44 billion bushels, down from 1.54 billion in February and in line with trade estimates. Soybean ending stocks fell to 285 million bushels from 325 million, within pre-report expectations. U.S. wheat ending stocks rose slightly to 653 million bushels, a small surprise to traders.

- Date: 2022-03-10 · published 2022-03-10T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/42238-few-surprises-in-supply-demand-report-red-river-farm-network
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Tighter U.S. corn and soybean carryouts are mildly supportive for those markets, while the wheat increase adds modest bearish pressure. With few surprises, the report is unlikely to move prices much on its own.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2018-06-12 | [June Supply and Demand Report Delivers Positive News \| Red River Farm Network](https://feedsoft.ai/events/64481-june-supply-and-demand-report-delivers-positive-news-red-river-farm-network.md) | -2.1% | -4.6% |
| CORN | 2026-08-12 | [WASDE Report Released \| Red River Farm Network](https://feedsoft.ai/events/17856-wasde-report-released-red-river-farm-network.md) | +3.5% | +11.8% |
| CORN | 2020-06-11 | [World Numbers a Bright Spot in USDA Report \| Red River Farm Network](https://feedsoft.ai/events/52554-world-numbers-a-bright-spot-in-usda-report-red-river-farm-network.md) | +1.0% | +5.3% |
| CORN | 2020-09-29 | [USDA’s Approach on Crop Report a ‘Head Scratcher’ \| Red River Farm Network](https://feedsoft.ai/events/51065-usda-s-approach-on-crop-report-a-head-scratcher-red-river-farm-network.md) | +0.3% | +11.2% |
| CORN | 2020-11-10 | [November 10 USDA Supply/Demand Report Recap - ADM Investor Services](https://feedsoft.ai/events/50093-november-10-usda-supply-demand-report-recap-adm-investor-services.md) | +9.7% | +8.7% |
| SOY | 2018-06-12 | [June Supply and Demand Report Delivers Positive News \| Red River Farm Network](https://feedsoft.ai/events/64481-june-supply-and-demand-report-delivers-positive-news-red-river-farm-network.md) | -4.7% | -10.6% |
| SOY | 2020-09-14 | [A Slight Surprise for Soybeans in Friday’s Report \| Red River Farm Network](https://feedsoft.ai/events/51067-a-slight-surprise-for-soybeans-in-friday-s-report-red-river-farm-network.md) | +3.8% | +6.0% |
| SOY | 2026-10-01 | [A Bearish Surprise \| Red River Farm Network](https://feedsoft.ai/events/17069-a-bearish-surprise-red-river-farm-network.md) | +0.3% | -5.3% |

## Sources

- rrfn.com: https://www.rrfn.com/2022/03/09/march-wasde-report-shows-little-surprises/

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