# April WASDE Report ?kind of a dud,? analyst says | Iowa Agribusiness Radio Network

> The April WASDE set US corn stocks at 1.352 billion bushels, down from 1.502 billion, and left soybean stocks at 120 million. Wheat stocks rose to 852 million from 836 million. An analyst called the report a non-event for soybeans, noting USDA raised Brazil's soybean stocks by 2 million metric tons.

- Date: 2021-04-09 · published 2021-04-09T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/47549-april-wasde-report-kind-of-a-dud-analyst-says-iowa-agribusiness-radio-network
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Corn stocks came in below expectations, supporting corn prices, while the higher Brazilian soybean stocks add a bearish lean to soybeans. The overall market impact was limited.

## Read by commodity

- SOY: bearish ▼
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2021-08-12 | [Markets higher after ?exciting? WASDE Report \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/45503-markets-higher-after-exciting-wasde-report-iowa-agribusiness-radio-network.md) | +0.7% | -7.7% |
| CORN | 2019-06-11 | [WASDE report gives bullish numbers to corn \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/58540-wasde-report-gives-bullish-numbers-to-corn-iowa-agribusiness-radio-network.md) | +6.2% | +3.2% |
| CORN | 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) | +5.6% | +3.1% |
| CORN | 2018-03-08 | [Weather premium running dry \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/10889-weather-premium-running-dry-iowa-agribusiness-radio-network.md) | +2.4% | +5.3% |
| CORN | 2018-02-08 | [USDA lowers soy exports, market reacts bullishly \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/66448-usda-lowers-soy-exports-market-reacts-bullishly-iowa-agribusiness-radio-network.md) | +0.2% | +2.3% |
| SOY | 2019-06-11 | [WASDE report gives bullish numbers to corn \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/58540-wasde-report-gives-bullish-numbers-to-corn-iowa-agribusiness-radio-network.md) | +6.3% | +2.8% |
| SOY | 2019-05-10 | [USDA releases ?big, bearish numbers? in WASDE \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/59046-usda-releases-big-bearish-numbers-in-wasde-iowa-agribusiness-radio-network.md) | +4.9% | +7.0% |
| SOY | 2019-08-12 | [Corn ending stocks takes analysts by surprise \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/57552-corn-ending-stocks-takes-analysts-by-surprise-iowa-agribusiness-radio-network.md) | -0.7% | -3.3% |

## Sources

- iowaagribusinessradionetwork.com: https://iowaagribusinessradionetwork.com/april-wasde-report-kind-of-a-dud-analyst-says/

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