# USDA Releases Uneventful February WASDE Report - PembinaValleyOnline.com - Local news, Weather, Sports, Free Classifieds and Business Listings for the Pembina Valley, Manitoba

> The February WASDE made few domestic changes, with US corn carryover unchanged at 1.54 billion bushels and soybean carryover reduced by 25 million bushels through higher crush. US wheat carryover was raised by 20 million bushels on lower exports. USDA cut Brazil's soybean crop by 5 million tons, with reductions for Argentina and Paraguay as well.

- Date: 2022-02-09 · published 2022-02-09T12:00:00.000Z
- Category: report · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/42674-usda-releases-uneventful-february-wasde-report-pembinavalleyonline-com-local
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Cumulative South American soybean cuts of about 18 million tons support soybean prices, though the domestic changes were minor. Traders are now watching South American weather and Chinese buying.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2023-02-08 | [USDA Releases February Crop Production, WASDE Reports](https://feedsoft.ai/events/37262-usda-releases-february-crop-production-wasde-reports.md) | +1.5% | +0.8% |
| SOY | 2026-02-10 | [USDA cuts corn stocks 100M bushels in February WASDE report](https://feedsoft.ai/events/20547-usda-cuts-corn-stocks-100m-bushels-in-february-wasde-report.md) | +2.1% | +6.9% |
| SOY | 2023-01-12 | [USDA Releases January Crop Production, WASDE, Grain Stocks, Winter Wheat Seedings Reports](https://feedsoft.ai/events/13308-usda-releases-january-crop-production-wasde-grain-stocks-winter-wheat-seedings.md) | -0.0% | +0.3% |
| SOY | 2019-09-13 | [AgroPages-USDA, WASDE Reports Rallies The Soybean Market 29¢.-Agricultural news](https://feedsoft.ai/events/10851-agropages-usda-wasde-reports-rallies-the-soybean-market-29-agricultural-news.md) | +1.1% | +4.6% |
| 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% |
| SBM | 2023-02-08 | [USDA Releases February Crop Production, WASDE Reports](https://feedsoft.ai/events/37262-usda-releases-february-crop-production-wasde-reports.md) | +3.5% | +3.1% |
| SBM | 2019-09-13 | [AgroPages-USDA, WASDE Reports Rallies The Soybean Market 29¢.-Agricultural news](https://feedsoft.ai/events/10851-agropages-usda-wasde-reports-rallies-the-soybean-market-29-agricultural-news.md) | -1.3% | +2.7% |
| SBM | 2020-06-11 | [USDA Releases June Crop Production, WASDE Reports](https://feedsoft.ai/events/52459-usda-releases-june-crop-production-wasde-reports.md) | -0.3% | +2.2% |

## Sources

- pembinavalleyonline.com: https://pembinavalleyonline.com/articles/usda-releases-uneventful-february-wasde-report

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