# WASDE Lowers Corn/Soy Ending Stocks Again - AgWeb

> USDA's January WASDE lowered projected 2020/21 U.S. corn and soybean ending stocks, with corn production cut on a lower yield and reduced use. The report also cut U.S. wheat ending stocks by 26 million bushels to 836 million, and lowered world wheat supplies on reduced China and Argentina output.

- Date: 2021-01-12 · published 2021-01-12T12:00:00.000Z
- Category: report · region US · magnitude high
- Page: https://feedsoft.ai/events/49087-wasde-lowers-corn-soy-ending-stocks-again-agweb
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Tighter U.S. corn and soybean stocks and smaller wheat supplies support prices and reduce the feed grain cushion for buyers. Lower Argentine and Chinese wheat output adds to global tightness.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2024-11-08 | [USDA Surprisingly Lowers Corn and Soybean Yield and Ending Stocks in WASDE - AgWeb](https://feedsoft.ai/events/13135-usda-surprisingly-lowers-corn-and-soybean-yield-and-ending-stocks-in-wasde-agweb.md) | -1.4% | -2.0% |
| CORN | 2020-11-10 | [USDA Lowers Corn, Soybean and Wheat Ending Stocks](https://feedsoft.ai/events/50091-usda-lowers-corn-soybean-and-wheat-ending-stocks.md) | +9.7% | +8.7% |
| CORN | 2021-06-11 | [WASDE Slashes Corn Ending Stocks \| Feed & Grain](https://feedsoft.ai/events/46506-wasde-slashes-corn-ending-stocks-feed-and-grain.md) | -6.1% | -4.6% |
| CORN | 2019-02-08 | [USDA lowers U.S. corn, soybean ending stocks - Brownfield Ag News](https://feedsoft.ai/events/60555-usda-lowers-u-s-corn-soybean-ending-stocks-brownfield-ag-news.md) | +0.8% | -2.1% |
| CORN | 2025-06-12 | [USDA Lowers Old and New Crop U.S. Corn Ending Stocks](https://feedsoft.ai/events/24165-usda-lowers-old-and-new-crop-u-s-corn-ending-stocks.md) | +0.0% | -4.5% |
| SOY | 2024-11-08 | [USDA Surprisingly Lowers Corn and Soybean Yield and Ending Stocks in WASDE - AgWeb](https://feedsoft.ai/events/13135-usda-surprisingly-lowers-corn-and-soybean-yield-and-ending-stocks-in-wasde-agweb.md) | -2.9% | -2.1% |
| SOY | 2020-11-10 | [USDA Lowers Corn, Soybean and Wheat Ending Stocks](https://feedsoft.ai/events/50091-usda-lowers-corn-soybean-and-wheat-ending-stocks.md) | +4.4% | +3.7% |
| SOY | 2019-02-08 | [USDA lowers U.S. corn, soybean ending stocks - Brownfield Ag News](https://feedsoft.ai/events/60555-usda-lowers-u-s-corn-soybean-ending-stocks-brownfield-ag-news.md) | -1.1% | -3.2% |

## Sources

- agweb.com: https://www.agweb.com/markets/usda-reports/wasde-lowers-corn-soy-ending-stocks-again

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