# USDA Kicks Can Down the Road in March WASDE | Radio 570 WNAX

> USDA kept US corn, soybean and wheat ending stocks unchanged in the March WASDE. It raised world soybean ending stocks and Brazil soybean production to 134 million tons, while cutting Argentina to 47.5 million. Global wheat ending stocks were lowered by 3 million tonnes to 301.2 million, mostly due to higher Chinese feed use.

- Date: 2021-03-09 · published 2021-03-09T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/48073-usda-kicks-can-down-the-road-in-march-wasde-radio-570-wnax
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Lower global wheat stocks are supportive for wheat, while the larger Brazil crop weighs on soybeans and the Argentina cut provides partial offset.

## Read by commodity

- SOY: bearish ▼
- CORN: neutral
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2021-02-09 | [USDA Kicks Can Down the Road on Corn Ending Stocks \| Radio 570 WNAX](https://feedsoft.ai/events/48589-usda-kicks-can-down-the-road-on-corn-ending-stocks-radio-570-wnax.md) | +8.5% | +8.9% |
| WHEAT | 2026-07-10 | [USDA Makes Friendly Cut to Corn Stocks in WASDE, as Weather Threats Loom - AgWeb](https://feedsoft.ai/events/18280-usda-makes-friendly-cut-to-corn-stocks-in-wasde-as-weather-threats-loom-agweb.md) | +0.9% | +0.6% |
| WHEAT | 2019-09-13 | [AgroPages-USDA, WASDE Reports Rallies The Soybean Market 29¢.-Agricultural news](https://feedsoft.ai/events/10851-agropages-usda-wasde-reports-rallies-the-soybean-market-29-agricultural-news.md) | +2.2% | +0.7% |
| WHEAT | 2025-07-11 | [USDA Lowers New-Crop Corn Ending Stocks More Than Expected in Latest WASDE.](https://feedsoft.ai/events/23706-usda-lowers-new-crop-corn-ending-stocks-more-than-expected-in-latest-wasde.md) | -2.3% | -2.1% |
| WHEAT | 2022-12-12 | [U.S. corn stocks rise in December WASDE](https://feedsoft.ai/events/38187-u-s-corn-stocks-rise-in-december-wasde.md) | +10.5% | +5.6% |
| SOY | 2017-08-10 | [Breaking down the USDA Supply and Demand report \| NEWSRADIO 1040 WHO](https://feedsoft.ai/events/69396-breaking-down-the-usda-supply-and-demand-report-newsradio-1040-who.md) | -4.3% | +0.0% |
| SOY | 2021-03-09 | [March 2021 WASDE: USDA unexpectedly raises Brazilian soy forecast](https://feedsoft.ai/events/48069-march-2021-wasde-usda-unexpectedly-raises-brazilian-soy-forecast.md) | -1.3% | -1.3% |
| SOY | 2023-07-16 | [Was the July WASDE Report a Gift From the USDA?](https://feedsoft.ai/events/7053-was-the-july-wasde-report-a-gift-from-the-usda.md) | +0.4% | -6.3% |

## Sources

- wnax.com: https://wnax.com/news/180081-usda-kicks-can-down-the-road-in-march-wasde/

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