# USDA Releases August WASDE Report - PembinaValleyOnline.com - Local news, Weather, Sports, Free Classifieds and Business Listings for the Pembina Valley, Manitoba

> The USDA released its August WASDE, showing record US soybean and corn yields and rising ending stocks. An AgResource analyst said the report held few surprises and that Chicago prices may only bounce briefly before harvest pressure returns. Corn stocks reached a 33-year high.

- Date: 2020-08-12 · published 2020-08-12T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/51549-usda-releases-august-wasde-report-pembinavalleyonline-com-local-news-weather
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Abundant US and world supplies point to limited price upside for corn and soybeans, with harvest selling likely to weigh on feed prices.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2016-12-01 | [Red River Valley harvest produces high yields that ease low crop prices, weather woes for some farmers - Grand Forks Herald \| Grand Forks, East Grand Forks news, weather & sports](https://feedsoft.ai/events/73332-red-river-valley-harvest-produces-high-yields-that-ease-low-crop-prices-weather.md) | +3.9% | +2.9% |
| CORN | 2024-10-11 | [No big surprises in USDA report, markets trading weather - Brownfield Ag News](https://feedsoft.ai/events/27808-no-big-surprises-in-usda-report-markets-trading-weather-brownfield-ag-news.md) | -1.8% | +0.9% |
| CORN | 2024-01-12 | [USDA Releases January Crop Production, WASDE, Dec. 1 Grain Stocks and Winter Wheat Seedings Reports](https://feedsoft.ai/events/32176-usda-releases-january-crop-production-wasde-dec-1-grain-stocks-and-winter-wheat.md) | -0.9% | -5.5% |
| CORN | 2022-03-29 | [Hog futures lower ahead of Quarterly Hogs and Pigs report from the USDA - Brownfield Ag News](https://feedsoft.ai/events/7630-hog-futures-lower-ahead-of-quarterly-hogs-and-pigs-report-from-the-usda.md) | +2.7% | +4.0% |
| CORN | 2026-03-10 | [USDA Releases March Crop Production, WASDE Reports](https://feedsoft.ai/events/20107-usda-releases-march-crop-production-wasde-reports.md) | +3.2% | +2.8% |
| SOY | 2017-04-19 | [USDA Releases April WASDE Report - DiscoverWeyburn.com - Local news, Weather, Sports, Free Classifieds and Job Listings for the Weyburn, Saskatchewan](https://feedsoft.ai/events/71448-usda-releases-april-wasde-report-discoverweyburn-com-local-news-weather-sports.md) | +0.9% | +3.2% |
| SOY | 2016-12-01 | [Red River Valley harvest produces high yields that ease low crop prices, weather woes for some farmers - Grand Forks Herald \| Grand Forks, East Grand Forks news, weather & sports](https://feedsoft.ai/events/73332-red-river-valley-harvest-produces-high-yields-that-ease-low-crop-prices-weather.md) | +1.6% | -2.8% |
| SOY | 2022-08-12 | [Key data in USDA's August 12 Wasde report, and difference from market expectations - Grain Price News](https://feedsoft.ai/events/39958-key-data-in-usda-s-august-12-wasde-report-and-difference-from-market.md) | -12.5% | -12.9% |

## Sources

- pembinavalleyonline.com: https://www.pembinavalleyonline.com/articles/usda-releases-august-wasde-report

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