# Mixed March 9 USDA WASDE numbers – Ohio Ag Net | Ohio's Country Journal

> The March 9 WASDE was viewed as neutral for corn and negative for soybeans, with US ending stocks unchanged. Brazil soybean production rose to 134 million tons while Argentina's fell to 47.5 million. Trade had expected US corn stocks to fall about 31 million bushels.

- Date: 2021-03-09 · published 2021-03-09T12:00:00.000Z
- Category: report · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/48071-mixed-march-9-usda-wasde-numbers-ohio-ag-net-ohio-s-country-journal
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Bearish soybean sentiment from the higher Brazil crop, combined with trade expecting smaller corn cuts, points to mild downward pressure on soy.

## Read by commodity

- SOY: bearish ▼
- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2019-03-11 | [USDA Reports Review – Ohio Ag Net \| Ohio's Country Journal](https://feedsoft.ai/events/60040-usda-reports-review-ohio-ag-net-ohio-s-country-journal.md) | +2.9% | +1.7% |
| SOY | 2024-11-19 | [Brazil and its sea of soybeans – Ohio Ag Net \| Ohio's Country Journal](https://feedsoft.ai/events/13536-brazil-and-its-sea-of-soybeans-ohio-ag-net-ohio-s-country-journal.md) | -2.4% | -3.3% |
| SOY | 2017-05-10 | [Not bearish, neutral to friendly – Ohio Ag Net \| Ohio's Country Journal](https://feedsoft.ai/events/70937-not-bearish-neutral-to-friendly-ohio-ag-net-ohio-s-country-journal.md) | +1.1% | -3.6% |
| SOY | 2017-12-12 | [Report friendly for corn, neutral to lower for soybeans – Ohio Ag Net \| Ohio's Country Journal](https://feedsoft.ai/events/67415-report-friendly-for-corn-neutral-to-lower-for-soybeans-ohio-ag-net-ohio-s.md) | -2.1% | -3.6% |
| SOY | 2021-09-30 | [Soybeans down, corn mixed after USDA numbers - Brownfield Ag News](https://feedsoft.ai/events/45109-soybeans-down-corn-mixed-after-usda-numbers-brownfield-ag-news.md) | -3.3% | -3.5% |
| CORN | 2023-08-15 | [A look at the August WASDE – Ohio Ag Net \| Ohio's Country Journal](https://feedsoft.ai/events/5616-a-look-at-the-august-wasde-ohio-ag-net-ohio-s-country-journal.md) | -0.9% | -1.3% |
| CORN | 2023-02-08 | [Neutral WASDE report maintains expectations – Ohio Ag Net \| Ohio's Country Journal](https://feedsoft.ai/events/37265-neutral-wasde-report-maintains-expectations-ohio-ag-net-ohio-s-country-journal.md) | -0.3% | -4.2% |
| CORN | 2020-06-16 | [Weather, China and soybean crush key market factors – Ohio Ag Net \| Ohio's Country Journal](https://feedsoft.ai/events/11070-weather-china-and-soybean-crush-key-market-factors-ohio-ag-net-ohio-s-country.md) | -0.0% | +0.5% |

## Sources

- ocj.com: https://ocj.com/2021/03/mixed-march-9-usda-wasde-numbers/

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