# Minor changes in June WASDE, traders turn attention to dry weather  | Agri-Pulse Communications, Inc.

> USDA made few changes in the June WASDE, with corn and wheat balances little changed on the report. New-crop soybean ending stocks rose to 155 million bushels. Traders shifted attention to dry weather in the Midwest, especially Iowa.

- Date: 2021-06-10 · published 2021-06-10T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/46507-minor-changes-in-june-wasde-traders-turn-attention-to-dry-weather-agri-pulse
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Minor report changes leave the market focused on weather, which could drive near-term volatility. Higher soybean stocks are a mild bearish factor for soymeal costs.

## Read by commodity

- SBM: neutral
- SOY: bearish ▼
- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2020-06-11 | [June USDA report on par with trade expectations \| 2020-06-11  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/52553-june-usda-report-on-par-with-trade-expectations-2020-06-11-agri-pulse.md) | +1.0% | +5.3% |
| CORN | 2019-08-30 | [Trade mitigation payments boost farm income \| 2019-08-30  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/57599-trade-mitigation-payments-boost-farm-income-2019-08-30-agri-pulse.md) | -2.4% | +1.4% |
| CORN | 2018-12-12 | [Few surprises in last WASDE of 2018 \| 2018-12-11 \| Agri-Pulse \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/61508-few-surprises-in-last-wasde-of-2018-2018-12-11-agri-pulse-agri-pulse.md) | +1.1% | +1.4% |
| CORN | 2020-01-10 | [Markets breathe easy with neutral WASDE report \| 2020-01-10  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/55019-markets-breathe-easy-with-neutral-wasde-report-2020-01-10-agri-pulse.md) | -1.0% | -0.7% |
| CORN | 2021-12-09 | [USDA maintains corn, soybean stocks estimates, gives bearish wheat figures in December WASDE \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/43523-usda-maintains-corn-soybean-stocks-estimates-gives-bearish-wheat-figures-in.md) | -0.4% | -0.7% |
| SOY | 2020-03-11 | [‘Benign’ WASDE makes minimal changes in numbers \| 2020-03-10  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/54093-benign-wasde-makes-minimal-changes-in-numbers-2020-03-10-agri-pulse.md) | -5.6% | -2.1% |
| SOY | 2024-08-28 | [Ag trade deficit to grow in FY25, as Chinese market shrinks  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/14730-ag-trade-deficit-to-grow-in-fy25-as-chinese-market-shrinks-agri-pulse.md) | +4.0% | +8.9% |
| SOY | 2024-06-12 | [WASDE: Soybean ending stock expectations increased, while wheat lower and corn steady \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/29691-wasde-soybean-ending-stock-expectations-increased-while-wheat-lower-and-corn.md) | -0.3% | -3.0% |

## Sources

- agri-pulse.com: https://www.agri-pulse.com/articles/16016-minor-changes-in-june-wasde-traders-turn-attention-to-dry-weather

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