# September WASDE resets goalposts — This week in the grain markets - RealAgriculture

> RealAgriculture's weekly wrap says grain markets rose on a friendly September WASDE, with soybeans reaching new two-year highs near $10/bu. Wheat fell as global production and stocks rose on larger crops in Canada, Australia and the EU.

- Date: 2020-09-11 · published 2020-09-11T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/51209-september-wasde-resets-goalposts-this-week-in-the-grain-markets-realagriculture
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Soybean strength supports soybean meal and oil values, while bigger world wheat supplies pressure wheat prices, a pattern that persists for feed buyers choosing between grains.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2020-09-05 | [Harvest slows grains rally (just a bit) — This week in the grain markets - RealAgriculture](https://feedsoft.ai/events/51160-harvest-slows-grains-rally-just-a-bit-this-week-in-the-grain-markets.md) | +5.1% | +5.4% |
| SOY | 2021-11-08 | [November WASDE neutral to bullish for grains - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/44005-november-wasde-neutral-to-bullish-for-grains-agweek-1-source-for-agriculture.md) | +3.5% | +5.8% |
| SOY | 2023-02-01 | [Drought in Argentina creates tighter stocks in soybean and corn market: WASDE - RealAgriculture](https://feedsoft.ai/events/13986-drought-in-argentina-creates-tighter-stocks-in-soybean-and-corn-market-wasde.md) | -1.5% | -2.2% |
| SOY | 2025-05-13 | [Terrain \| May 2025 WASDE Sets the Stage for Markets](https://feedsoft.ai/events/24699-terrain-may-2025-wasde-sets-the-stage-for-markets.md) | -1.4% | -0.8% |
| SOY | 2017-10-15 | [WASDE Report surprises soybean market - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/68415-wasde-report-surprises-soybean-market-agweek-1-source-for-agriculture-news.md) | -2.1% | -2.3% |
| CORN | 2018-10-12 | [Grain markets continue to test our patience — This week in the grain markets - RealAgriculture](https://feedsoft.ai/events/62582-grain-markets-continue-to-test-our-patience-this-week-in-the-grain-markets.md) | +2.4% | +3.2% |
| CORN | 2023-02-01 | [Drought in Argentina creates tighter stocks in soybean and corn market: WASDE - RealAgriculture](https://feedsoft.ai/events/13986-drought-in-argentina-creates-tighter-stocks-in-soybean-and-corn-market-wasde.md) | +1.2% | -4.9% |
| CORN | 2025-05-13 | [Terrain \| May 2025 WASDE Sets the Stage for Markets](https://feedsoft.ai/events/24699-terrain-may-2025-wasde-sets-the-stage-for-markets.md) | +2.3% | -0.9% |

## Sources

- realagriculture.com: https://www.realagriculture.com/2020/09/september-wasde-resets-goalposts-this-week-in-the-grain-markets/

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