# USDA Says There’s Less Wheat (Finally) - Alberta Grains

> USDA's April WASDE cut global 2020/21 wheat ending stocks by 5.7 MMT to 295.5 MMT, below trade expectations and the first forecast under 300 MMT. Tighter U.S. corn carryout also lifted corn prices, and Argentina projects wheat area up 4%.

- Date: 2021-04-12 · published 2021-04-12T12:00:00.000Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/47652-usda-says-there-s-less-wheat-finally-alberta-grains
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

A tighter wheat balance and higher corn prices encourage wheat substitution into feed rations, supporting wheat and corn feed values.

## Read by commodity

- CORN: bullish ▲
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2025-07-28 | [Dryness reduces Australian wheat output says USDA attaché - Grainews](https://feedsoft.ai/events/23718-dryness-reduces-australian-wheat-output-says-usda-attache-grainews.md) | -1.3% | +0.8% |
| WHEAT | 2023-07-03 | [Australia to export less wheat, more barley: USDA FAS](https://feedsoft.ai/events/35013-australia-to-export-less-wheat-more-barley-usda-fas.md) | -9.9% | -6.9% |
| WHEAT | 2021-03-09 | [U.S. grains: Wheat and soy climb, corn sags after USDA data - Manitoba Co-operator](https://feedsoft.ai/events/48067-u-s-grains-wheat-and-soy-climb-corn-sags-after-usda-data-manitoba-co-operator.md) | -0.2% | -0.4% |
| WHEAT | 2018-06-12 | [U.S. grains: Wheat surges after USDA cuts Russian output estimate - Grainews](https://feedsoft.ai/events/64555-u-s-grains-wheat-surges-after-usda-cuts-russian-output-estimate-grainews.md) | -0.9% | -6.9% |
| WHEAT | 2026-05-08 | [Grains surge as USDA wheat shock meets biofuel-driven soy demand \| Saxo](https://feedsoft.ai/events/10797-grains-surge-as-usda-wheat-shock-meets-biofuel-driven-soy-demand-saxo.md) | +3.3% | -0.2% |
| CORN | 2022-11-09 | [GRAINS-Wheat Drops as USDA Raises Global Supply View; Corn, Soybeans Firm](https://feedsoft.ai/events/38644-grains-wheat-drops-as-usda-raises-global-supply-view-corn-soybeans-firm.md) | +1.6% | -5.7% |
| CORN | 2018-04-13 | [Current season wheat stock rises, coarse grains stocks fall: USDA - Grain Central](https://feedsoft.ai/events/65484-current-season-wheat-stock-rises-coarse-grains-stocks-fall-usda-grain-central.md) | -0.4% | +3.0% |
| CORN | 2018-06-12 | [U.S. grains: Wheat surges after USDA cuts Russian output estimate - Grainews](https://feedsoft.ai/events/64555-u-s-grains-wheat-surges-after-usda-cuts-russian-output-estimate-grainews.md) | -2.1% | -4.6% |

## Sources

- albertagrains.com: https://www.albertagrains.com/combined-markets/market-insider/usda-says-there-s-less-wheat-finally?%2Falberta-wheat%2Fmarkets%2Fmarket-insider%2Fusda-says-there-s-less-wheat-finally=

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