# USDA Reports to See Revisions on Oct. 12

> DTN previewed the October 12 USDA Crop Production and WASDE reports, expecting higher U.S. corn and soybean ending stocks for 2021-22 and lower wheat stocks. The Sept. 1 corn stocks of 1.236 billion bushels were above expectations, and Dow Jones analysts expected the corn crop near 15.0 billion bushels. Traders had already reacted to the September 30 reports.

- Date: 2021-10-11 · published 2021-10-11T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/44490-usda-reports-to-see-revisions-on-oct-12
- 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

Expectations of higher corn and soybean stocks point to softer feed grain and meal prices, while the anticipated wheat drawdown could support wheat values.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2022-10-12 | [USDA Reports Review](https://feedsoft.ai/events/39097-usda-reports-review.md) | +1.9% | -1.0% |
| CORN | 2017-09-28 | [USDA Reports Preview](https://feedsoft.ai/events/68982-usda-reports-preview.md) | +2.6% | +2.3% |
| CORN | 2019-08-14 | [USDA Reports Review - ProAg](https://feedsoft.ai/events/57550-usda-reports-review-proag.md) | -1.2% | -4.0% |
| CORN | 2019-08-09 | [USDA Reports Summary](https://feedsoft.ai/events/57549-usda-reports-summary.md) | -7.7% | -8.0% |
| CORN | 2022-12-09 | [USDA Reports Summary](https://feedsoft.ai/events/38188-usda-reports-summary.md) | +1.9% | +2.9% |
| SOY | 2017-09-28 | [USDA Reports Preview](https://feedsoft.ai/events/68982-usda-reports-preview.md) | -0.8% | +1.0% |
| SOY | 2018-10-11 | [USDA Reports Summary](https://feedsoft.ai/events/62479-usda-reports-summary.md) | +3.9% | +1.8% |
| SOY | 2017-03-09 | [USDA Reports Flash](https://feedsoft.ai/events/71937-usda-reports-flash.md) | -1.3% | -6.6% |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/article/2021/10/08/usda-reports-see-revisions-oct-12

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