# [Listen] Gordy Ag Market Recap

> USDA's March WASDE left all U.S. corn and soybean supply and demand numbers unchanged, after traders had expected small cuts to carryover. Corn and soybean prices dropped sharply, then recovered, and closed the week within their recent ranges. Attention turns to Brazil's safrinha corn and soybean harvest and the March 31 reports.

- Date: 2021-03-14 · published 2021-03-14T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/5120-listen-gordy-ag-market-recap
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Unchanged U.S. carryover removed expected tightening, while the coming March 31 Prospective Plantings and Grain Stocks reports could move prices significantly.

## Read by commodity

- SOY: neutral
- CORN: neutral

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| CORN | 2021-03-15 | 5 | -10.3% | -4.5 | Unchanged WASDE numbers against expectations of carryover cuts caused a sharp price drop in corn, though prices partly recovered. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2016-12-12 | [Grain market steady after USDA report - Farmers Weekly](https://feedsoft.ai/events/73541-grain-market-steady-after-usda-report-farmers-weekly.md) | +1.3% | +1.3% |
| CORN | 2022-01-17 | [Market Report - 17 January 2022 \| AHDB](https://feedsoft.ai/events/7369-market-report-17-january-2022-ahdb.md) | -0.5% | +6.0% |
| CORN | 2021-11-29 | [Market Report - 29 November 2021 \| AHDB](https://feedsoft.ai/events/12236-market-report-29-november-2021-ahdb.md) | -3.0% | +0.6% |
| CORN | 2024-07-15 | [Farm Futures afternoon market report](https://feedsoft.ai/events/9367-farm-futures-afternoon-market-report.md) | -1.5% | -2.1% |
| CORN | 2021-12-13 | [Market Report - 13 December 2021 \| AHDB](https://feedsoft.ai/events/9259-market-report-13-december-2021-ahdb.md) | -0.1% | +0.8% |
| SOY | 2019-05-31 | [Grain Market Review: Oilseeds-2019](https://feedsoft.ai/events/59148-grain-market-review-oilseeds-2019.md) | -2.3% | -0.1% |
| SOY | 2016-12-12 | [Grain market steady after USDA report - Farmers Weekly](https://feedsoft.ai/events/73541-grain-market-steady-after-usda-report-farmers-weekly.md) | -0.1% | -3.1% |
| SOY | 2025-08-27 | [Market Behavior](https://feedsoft.ai/events/23395-market-behavior.md) | -1.2% | -1.9% |

## Sources

- kdhlradio.com: https://kdhlradio.com/listen-gordy-ag-market-recap-2/

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