# USDA Releases June Crop Production, WASDE Reports

> USDA's June WASDE and Crop Production reports lowered new-crop 2020-21 soybean ending stocks to 395 million bushels, below the lowest pre-report analyst estimate, mainly due to a higher crush forecast. Old-crop corn ending stocks rose 5 million bushels to 2.103 billion, and new-crop corn stocks rose to 3.323 billion. World wheat ending stocks were seen as bearish.

- Date: 2020-06-11 · published 2020-06-11T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/52459-usda-releases-june-crop-production-wasde-reports
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

The tighter-than-expected U.S. soybean stocks outlook supports soybean and meal prices, while larger corn stocks and bearish world wheat stocks weigh on those markets.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2023-02-08 | [USDA Releases February Crop Production, WASDE Reports](https://feedsoft.ai/events/37262-usda-releases-february-crop-production-wasde-reports.md) | +1.5% | +0.8% |
| SOY | 2023-01-12 | [USDA Releases January Crop Production, WASDE, Grain Stocks, Winter Wheat Seedings Reports](https://feedsoft.ai/events/13308-usda-releases-january-crop-production-wasde-grain-stocks-winter-wheat-seedings.md) | -0.0% | +0.3% |
| SOY | 2023-01-13 | [2022 Final Crop Production Report](https://feedsoft.ai/events/13306-2022-final-crop-production-report.md) | -1.5% | +0.8% |
| SOY | 2025-09-13 | [WASDE: USDA surprises with even bigger corn production](https://feedsoft.ai/events/6849-wasde-usda-surprises-with-even-bigger-corn-production.md) | -0.0% | -1.9% |
| SOY | 2026-07-14 | [Historic Wheat Production Decline, Tighter Corn Supplies Highlight USDA's July WASDE Report - ProAg](https://feedsoft.ai/events/18276-historic-wheat-production-decline-tighter-corn-supplies-highlight-usda-s-july.md) | +2.0% | -3.7% |
| SBM | 2023-02-08 | [USDA Releases February Crop Production, WASDE Reports](https://feedsoft.ai/events/37262-usda-releases-february-crop-production-wasde-reports.md) | +3.5% | +3.1% |
| SBM | 2024-03-08 | [March WASDE: USDA Steps Down Brazil Soybean Production](https://feedsoft.ai/events/31129-march-wasde-usda-steps-down-brazil-soybean-production.md) | -1.4% | -3.2% |
| SBM | 2024-03-08 | [USDA Cuts Brazil Soy Production 1 MMT](https://feedsoft.ai/events/31135-usda-cuts-brazil-soy-production-1-mmt.md) | -1.4% | -3.2% |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/article/2020/06/11/usda-releases-june-crop-production

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