# Wheat, corn futures slip ahead of key USDA crop forecasts | Financial Post

> Chicago wheat futures fell on October 11, 2022 after a three-month high the prior session, as the Russia-Ukraine war raised concerns about Black Sea grain trade. Corn slipped and soybeans firmed as traders awaited USDA crop reports due October 12. Interior river levels were also a concern for harvest transport.

- Date: 2022-10-11 · published 2022-10-11T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/5088-wheat-corn-futures-slip-ahead-of-key-usda-crop-forecasts-financial-post
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md)

## Why it matters

Pre-report positioning and profit-taking added volatility, while low river levels threaten barge freight and delivered feed grain costs in the central US.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2025-05-14 | [USDA forecasts lower wheat, corn, sorghum prices for 2025/26](https://feedsoft.ai/events/24718-usda-forecasts-lower-wheat-corn-sorghum-prices-for-2025-26.md) | -3.8% | -2.9% |
| WHEAT | 2025-09-18 | [US wheat futures slip after USDA boosts global ending stocks](https://feedsoft.ai/events/22928-us-wheat-futures-slip-after-usda-boosts-global-ending-stocks.md) | +0.5% | +1.4% |
| WHEAT | 2025-05-13 | [USDA forecasts Australian new-crop wheat at 31Mt - Grain Central](https://feedsoft.ai/events/24628-usda-forecasts-australian-new-crop-wheat-at-31mt-grain-central.md) | -4.2% | -2.6% |
| WHEAT | 2020-05-13 | [USDA forecasts intense competition on wheat, corn - Grain Central](https://feedsoft.ai/events/53176-usda-forecasts-intense-competition-on-wheat-corn-grain-central.md) | -0.4% | +0.5% |
| WHEAT | 2024-08-22 | [USDA forecasts Australia's wheat crop to be up year on year \| Farm Online \| ACT](https://feedsoft.ai/events/28737-usda-forecasts-australia-s-wheat-crop-to-be-up-year-on-year-farm-online-act.md) | -0.8% | +2.8% |
| CORN | 2025-05-14 | [USDA forecasts lower wheat, corn, sorghum prices for 2025/26](https://feedsoft.ai/events/24718-usda-forecasts-lower-wheat-corn-sorghum-prices-for-2025-26.md) | +3.8% | +0.4% |
| CORN | 2025-08-15 | [USDA Forecasts Record Corn Crop at 16.7B Bushels](https://feedsoft.ai/events/23269-usda-forecasts-record-corn-crop-at-16-7b-bushels.md) | +2.6% | +5.0% |
| CORN | 2020-05-13 | [USDA forecasts intense competition on wheat, corn - Grain Central](https://feedsoft.ai/events/53176-usda-forecasts-intense-competition-on-wheat-corn-grain-central.md) | -0.3% | +1.5% |

## Sources

- financialpost.com: https://financialpost.com/pmn/business-pmn/wheat-corn-futures-slip-ahead-of-key-usda-crop-forecasts

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