# Morning Softs Comments 04/12/21 | Market Reports | feedlotmagazine.com

> A Price Futures Group market commentary summarised the April 9 USDA report against trade survey averages. US corn stocks came in at 1,352 million bushels versus an average of 1,346, and soybean and wheat stocks were near expectations. World corn stocks were 283.9 million metric tons, and Brazil's soybean production was raised to 136 million metric tons.

- Date: 2021-04-12 · published 2021-04-12T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/47550-morning-softs-comments-04-12-21-market-reports-feedlotmagazine-com
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

The figures were mostly in line with expectations, so there is no major new supply shift. Brazil's larger soybean crop is a modest bearish factor for soybeans.

## Read by commodity

- SOY: neutral
- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2021-11-09 | [Morning Grains Comments 11/09/21 \| Market Reports \| feedlotmagazine.com](https://feedsoft.ai/events/44121-morning-grains-comments-11-09-21-market-reports-feedlotmagazine-com.md) | +1.2% | +5.2% |
| CORN | 2024-07-16 | [Morning Grains Comments 07/16/24 \| Market Reports \| feedlotmagazine.com](https://feedsoft.ai/events/4452-morning-grains-comments-07-16-24-market-reports-feedlotmagazine-com.md) | +3.0% | +0.7% |
| CORN | 2025-09-04 | [Grains Report 09/04/2025 - Market InsightsMarket Insights](https://feedsoft.ai/events/22923-grains-report-09-04-2025-market-insightsmarket-insights.md) | -0.2% | +2.6% |
| CORN | 2019-01-01 | [Market Reaction to USDA’s August Corn Crop Reports](https://feedsoft.ai/events/60954-market-reaction-to-usda-s-august-corn-crop-reports.md) | +1.4% | +1.8% |
| CORN | 2024-07-19 | [Cattle Prices Projected Higher From Last Month \| Feedlot Special \| feedlotmagazine.com](https://feedsoft.ai/events/29402-cattle-prices-projected-higher-from-last-month-feedlot-special-feedlotmagazine.md) | +3.8% | -1.2% |
| SOY | 2021-05-04 | [Morning Grains Comments 05/04/21 \| Market Reports \| feedlotmagazine.com](https://feedsoft.ai/events/7701-morning-grains-comments-05-04-21-market-reports-feedlotmagazine-com.md) | +3.8% | -0.8% |
| SOY | 2021-11-09 | [Morning Grains Comments 11/09/21 \| Market Reports \| feedlotmagazine.com](https://feedsoft.ai/events/44121-morning-grains-comments-11-09-21-market-reports-feedlotmagazine-com.md) | +6.7% | +6.1% |
| SOY | 2023-10-30 | [Morning Grains Comments 10/30/23 \| Market Reports \| feedlotmagazine.com](https://feedsoft.ai/events/33683-morning-grains-comments-10-30-23-market-reports-feedlotmagazine-com.md) | +2.3% | +2.5% |

## Sources

- feedlotmagazine.com: https://www.feedlotmagazine.com/market_reports/morning-softs-comments-04-12-21/article_2759a6d4-9ba3-11eb-bc2a-4f6f57321fa8.html

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