# No Surprises in December WASDE | Feed & Grain

> USDA's December WASDE lowered 2021/22 US wheat exports by 20 million bushels to 840 million and raised ending stocks 15 million to 598 million. Global wheat supplies were lifted by 4.3 million tons to 1,067.5 million, while global coarse grain production rose 2.7 million tons. US corn and soybean balance sheets were unchanged.

- Date: 2021-12-09 · published 2021-12-09T12:00:00.000Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/43525-no-surprises-in-december-wasde-feed-and-grain
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Higher global wheat supplies and reduced US export competitiveness point to lower wheat prices, while steady corn and soy balances offer little directional signal for feed grains.

## Read by commodity

- CORN: neutral
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2025-12-16 | [December WASDE Surprises Corn and Wheat Markets \| CZ app](https://feedsoft.ai/events/21444-december-wasde-surprises-corn-and-wheat-markets-cz-app.md) | +0.3% | +0.5% |
| WHEAT | 2024-10-11 | [WASDE: No ‘October surprise’ as USDA dials in small changes](https://feedsoft.ai/events/27802-wasde-no-october-surprise-as-usda-dials-in-small-changes.md) | -0.5% | -1.5% |
| WHEAT | 2026-01-12 | [US corn and wheat supplies rise in latest WASDE \| Feed & Grain](https://feedsoft.ai/events/12589-us-corn-and-wheat-supplies-rise-in-latest-wasde-feed-and-grain.md) | +0.2% | +2.0% |
| WHEAT | 2025-12-12 | [December 2025 WASDE Recap](https://feedsoft.ai/events/21438-december-2025-wasde-recap.md) | -0.4% | +0.4% |
| WHEAT | 2025-12-09 | [December 2025 WASDE REPORT SUMMARY AND NOTES: - CIH](https://feedsoft.ai/events/21442-december-2025-wasde-report-summary-and-notes-cih.md) | +0.0% | +0.7% |
| CORN | 2021-11-10 | [USDA November WASDE Reports Recap \| Feed & Grain](https://feedsoft.ai/events/44003-usda-november-wasde-reports-recap-feed-and-grain.md) | +0.3% | +4.6% |
| CORN | 2022-04-08 | [Few Surprises in April WASDE Report \| Red River Farm Network](https://feedsoft.ai/events/41796-few-surprises-in-april-wasde-report-red-river-farm-network.md) | -0.7% | -6.4% |
| CORN | 2021-07-12 | [Grain Stocks Surprise Traders in the July WASDE Report \| Red River Farm Network](https://feedsoft.ai/events/46000-grain-stocks-surprise-traders-in-the-july-wasde-report-red-river-farm-network.md) | -6.7% | -7.2% |

## Sources

- feedandgrain.com: https://www.feedandgrain.com/grain-handling-processing/news/15385966/no-surprises-in-december-wasde

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