# WASDE steady on wheat, bearish on corn, soybeans - Grain Central

> The August WASDE left world wheat balances largely unchanged, with lower EU, Kazakh and Turkish production offset by a Russian increase. Corn and soybean world production estimates were raised substantially. Australia's wheat crop was held at 26 Mt.

- Date: 2020-08-13 · published 2020-08-13T12:00:00.000Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/51547-wasde-steady-on-wheat-bearish-on-corn-soybeans-grain-central
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Ample Russian supply and record global stocks limit wheat price upside, while bigger corn and soybean supplies weigh on feed prices.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼
- WHEAT: bearish ▼
- KWHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2019-04-09 | [WASDE Bearish as Expected on Corn and Wheat, Neutral on Soybeans](https://feedsoft.ai/events/59543-wasde-bearish-as-expected-on-corn-and-wheat-neutral-on-soybeans.md) | -0.5% | -10.8% |
| WHEAT | 2022-10-12 | [Turner's Take Ag Markets \| WASDE Bullish Soybeans and Bearish Corn/Wheat](https://feedsoft.ai/events/39095-turner-s-take-ag-markets-wasde-bullish-soybeans-and-bearish-corn-wheat.md) | +3.6% | +4.6% |
| WHEAT | 2021-05-12 | [New-Crop December Corn Falters on Bearish WASDE; Soybeans Maintain Strong Gains](https://feedsoft.ai/events/7468-new-crop-december-corn-falters-on-bearish-wasde-soybeans-maintain-strong-gains.md) | -1.5% | -4.7% |
| WHEAT | 2026-05-01 | [April WASDE Holds Corn, Soybean Ending Stocks Steady, Raises Wheat Stocks](https://feedsoft.ai/events/19667-april-wasde-holds-corn-soybean-ending-stocks-steady-raises-wheat-stocks.md) | -2.9% | -0.1% |
| WHEAT | 2025-05-12 | [Canada Know-Risk Market Outlook \| WASDE Friendly Corn and Soybeans, Bearish Wheat](https://feedsoft.ai/events/24609-canada-know-risk-market-outlook-wasde-friendly-corn-and-soybeans-bearish-wheat.md) | -0.1% | -2.0% |
| KWHEAT | 2019-04-09 | [WASDE Bearish as Expected on Corn and Wheat, Neutral on Soybeans](https://feedsoft.ai/events/59543-wasde-bearish-as-expected-on-corn-and-wheat-neutral-on-soybeans.md) | -1.0% | -8.5% |
| KWHEAT | 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) | -8.7% | -5.4% |
| KWHEAT | 2020-06-11 | [Slightly Bullish Soybean and Bearish World Wheat Stocks](https://feedsoft.ai/events/52556-slightly-bullish-soybean-and-bearish-world-wheat-stocks.md) | -5.5% | -1.2% |

## Sources

- graincentral.com: https://www.graincentral.com/markets/wasde-steady-on-wheat-bearish-on-corn-soybeans/

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