◂ Event Timeline

Mar 9, 2022REPORTUS

Wheat continues limit drop on March 2022 WASDE

USDA's March WASDE cut Ukrainian and Russian export supplies, partly offset by larger exports from India and Australia. US corn exports rose 75 million bushels to 2.5 billion, lowering ending stocks to 1.44 billion bushels, and wheat futures fell limit down.

WHY IT MATTERS

Lower US corn stocks support feed corn prices, while wheat's drop reflects offsetting supplies from India and Australia that ease the Black Sea shortfall.

AFFECTSCORN▲WHEAT▼

SOURCE
farmprogress.comBen PotterMar 9, 2022

Price reaction & history

CORN▲bullishSO FAR1d -1.6%5d +3.3%20d +10.3%

After 1,040 past bullish report events, CORN moved a median +0.5% over 5 sessions (62% higher; middle half -0.9% to +2.0%), and +0.8% over 20.

Aug 13, 2021WASDE update: Wheat market continues to tighten | articles | ING THINK-1.7%
Mar 10, 2026WASDE Flash — March 2026 | Basis Brief+3.2%
Dec 16, 2025December WASDE Surprises Corn and Wheat Markets | CZ app+0.6%
May 12, 2022May WASDE feeds wheat bulls-0.3%
Jun 13, 2018Corn and Wheat Pop on June WASDE Report | Hoosier Ag Today-4.1%

WHEAT▼bearishSO FAR1d -1.0%5d -3.1%20d +3.6%

After 1,006 past bearish report events, WHEAT moved a median +0.0% over 5 sessions (50% higher; middle half -1.6% to +1.8%), and +0.3% over 20.

Mar 10, 2022March WASDE Report Not a Huge Surprise, but Wheat Liquidation Continues-3.3%
Dec 1, 2025WASDE report signals continued low wheat, corn prices+1.9%
Jul 12, 2022Markets continue lower following July WASDE+7.2%
Mar 17, 2025Wheat Market Outlook – March 17, 2025 | Sask Wheat+5.3%
Dec 16, 2025December WASDE Surprises Corn and Wheat Markets | CZ app+0.3%

Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.

CORN · GP ▸

——— · ·

WHEAT · GP ▸

——— · ·

Loading…