# WASDE Slashes Corn Ending Stocks | Feed & Grain

> USDA's June WASDE cut 2020/21 U.S. corn ending stocks by 150 million bushels, about 100 million more than analysts expected, on higher ethanol and export demand. The report also cut Brazil's corn crop and raised 2021 U.S. winter wheat production. Corn stocks are now the tightest since 1995/96.

- Date: 2021-06-11 · published 2021-06-11T12:00:00.000Z
- Category: report · region US · magnitude high
- Page: https://feedsoft.ai/events/46506-wasde-slashes-corn-ending-stocks-feed-and-grain
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [DDGS](https://feedsoft.ai/c/DDGS.md)

## Why it matters

Tighter U.S. corn stocks driven by ethanol and export demand support feed grain prices. The reduced Brazilian crop adds to global feed supply concerns.

## Read by commodity

- CORN: bullish ▲
- DDGS: bullish ▲
- WHEAT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2021-01-12 | [WASDE Lowers Corn/Soy Ending Stocks Again - AgWeb](https://feedsoft.ai/events/49087-wasde-lowers-corn-soy-ending-stocks-again-agweb.md) | +5.8% | +11.6% |
| CORN | 2021-06-11 | [Old-Crop Corn Stocks Surprise of WASDE Report \| Feed & Grain](https://feedsoft.ai/events/46505-old-crop-corn-stocks-surprise-of-wasde-report-feed-and-grain.md) | -6.1% | -4.6% |
| CORN | 2020-12-03 | [USDA Grain Stocks & WASDE Shock Markets \| Feed & Grain](https://feedsoft.ai/events/49679-usda-grain-stocks-and-wasde-shock-markets-feed-and-grain.md) | +0.0% | +3.9% |
| CORN | 2026-07-13 | [Corn Ending Stocks Fall Below Expectations in July WASDE](https://feedsoft.ai/events/18279-corn-ending-stocks-fall-below-expectations-in-july-wasde.md) | +1.1% | -0.6% |
| CORN | 2021-06-10 | [Corn stocks cut in USDA WASDE report - Grainews](https://feedsoft.ai/events/46509-corn-stocks-cut-in-usda-wasde-report-grainews.md) | -1.8% | -2.6% |
| WHEAT | 2021-06-10 | [Corn stocks cut in USDA WASDE report - Grainews](https://feedsoft.ai/events/46509-corn-stocks-cut-in-usda-wasde-report-grainews.md) | +5.7% | -5.3% |
| WHEAT | 2025-02-11 | [USDA Cuts World Corn, Soybean, Wheat Ending Stocks](https://feedsoft.ai/events/25989-usda-cuts-world-corn-soybean-wheat-ending-stocks.md) | +2.0% | -3.0% |
| WHEAT | 2026-04-01 | [USDA leaves U.S. soybean, corn, wheat ending stocks unchanged](https://feedsoft.ai/events/20192-usda-leaves-u-s-soybean-corn-wheat-ending-stocks-unchanged.md) | -2.5% | +0.9% |

## Sources

- feedandgrain.com: https://www.feedandgrain.com/grain-handling-processing/news/15387046/wasde-slashes-corn-ending-stocks

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