WASDE bearish for corn, mildly bullish for wheat

After 1,102 past bearish report events, Corn moved a median -0.2% over 5 sessions (47% higher; middle half -1.8% to +1.3%), and +0.0% over 20.

• Aug 13, 2020WASDE steady on wheat, bearish on corn, soybeans - Grain Central+2.9%
• Oct 12, 2022Turner's Take Ag Markets | WASDE Bullish Soybeans and Bearish Corn/Wheat+1.9%
• Apr 9, 2019WASDE Bearish as Expected on Corn and Wheat, Neutral on Soybeans+1.8%
• May 13, 2020USDA forecasts intense competition on wheat, corn - Grain Central-0.3%
• Jul 13, 2023Bearish WASDE Report Impacting Corn, Soybeans, and Wheat-1.6%

After 769 past bullish report events, Wheat (SRW) moved a median +0.2% over 5 sessions (53% higher; middle half -1.4% to +2.0%), and +0.2% over 20.

• Feb 9, 2017WASDE: Soybeans bearish, corn, wheat somewhat bullish - Texas Farm Bureau+0.1%
• Feb 27, 2018Global grain figures hold bullish tone - Grain Central+2.4%
• Dec 11, 2019Australian wheat export forecast cut, imports tripled: WASDE - Grain Central+2.6%
• Jun 1, 2026ABARES forecasts hefty drops for wheat, barley, canola - Grain Central-2.6%
• Jan 18, 2018Where did 5 million tonnes of Australian wheat go? - Grain Central+2.9%