# USDA holds corn and soybean yields steady in latest WASDE | 2020-07-10  | Agri-Pulse Communications, Inc.

> USDA's July WASDE kept corn yield at 178.5 bushels per acre and raised 2019/20 corn ending stocks to 2.24 billion bushels. New-crop corn ending stocks fell to 2.64 billion bushels, below June's estimate and slightly below the trade guess. USDA also reported a sale of 1.3 million metric tons of corn to China.

- Date: 2020-07-10 · published 2020-07-10T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/52074-usda-holds-corn-and-soybean-yields-steady-in-latest-wasde-2020-07-10-agri-pulse
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Lower new-crop corn stocks tighten the outlook and support the corn price, while the China sale adds to export demand. Exports remain behind last year's pace, which limits the upside.

## Read by commodity

- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-09-12 | [USDA lowers corn, soybean yield estimates \| 2019-09-12  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/10852-usda-lowers-corn-soybean-yield-estimates-2019-09-12-agri-pulse-communications.md) | +4.8% | +9.0% |
| CORN | 2021-08-12 | [USDA lowers corn, soybean yield estimates due to drought \| 2021-08-12  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/45406-usda-lowers-corn-soybean-yield-estimates-due-to-drought-2021-08-12-agri-pulse.md) | +0.7% | -7.7% |
| CORN | 2018-03-29 | [Farmers plan to cut corn, soybean acreage, USDA says \| 2018-03-29 \| Agri-Pulse \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/66030-farmers-plan-to-cut-corn-soybean-acreage-usda-says-2018-03-29-agri-pulse-agri.md) | +4.8% | +4.9% |
| CORN | 2023-12-08 | [USDA trims forecast for soybean, wheat supplies \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/32633-usda-trims-forecast-for-soybean-wheat-supplies-agri-pulse-communications-inc.md) | -2.7% | -0.3% |
| CORN | 2022-05-12 | [USDA warns on corn, winter wheat crops due to weather \| 2022-05-12 \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/13363-usda-warns-on-corn-winter-wheat-crops-due-to-weather-2022-05-12-agri-pulse.md) | -0.3% | -0.9% |

## Sources

- agri-pulse.com: https://www.agri-pulse.com/articles/14038-usda-holds-corn-and-soybean-yields-steady-in-latest-wasde

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