# May WASDE: ?Relatively in line with expectations? | Iowa Agribusiness Radio Network

> Analysts at CHS Hedging said the May WASDE numbers came in largely in line with expectations, with no major surprises. Old-crop corn stocks rose six million bushels and old-crop soybean stocks reached 580 million bushels, while new-crop corn carryout was forecast at 3.318 billion bushels.

- Date: 2020-05-12 · published 2020-05-12T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/53060-may-wasde-relatively-in-line-with-expectations-iowa-agribusiness-radio-network
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

With the report largely expected, the market impact is muted, and attention shifts to the June Acreage report, where corn acreage above 92-95 million could alter the balance sheet.

## Read by commodity

- SOY: neutral
- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2021-03-09 | [USDA releases ?neutral? WASDE Report \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/48072-usda-releases-neutral-wasde-report-iowa-agribusiness-radio-network.md) | -10.3% | -1.3% |
| CORN | 2020-04-09 | [April WASDE contained ?friendly? and ?negative? components \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/53603-april-wasde-contained-friendly-and-negative-components-iowa-agribusiness-radio.md) | -5.5% | -6.4% |
| CORN | 2023-02-08 | [Neutral WASDE report maintains expectations – Ohio Ag Net \| Ohio's Country Journal](https://feedsoft.ai/events/37265-neutral-wasde-report-maintains-expectations-ohio-ag-net-ohio-s-country-journal.md) | -0.3% | -4.2% |
| CORN | 2019-12-11 | [More Details Expected in January WASDE Report \| Red River Farm Network](https://feedsoft.ai/events/55515-more-details-expected-in-january-wasde-report-red-river-farm-network.md) | +5.1% | +4.1% |
| CORN | 2022-05-12 | [Key data in USDA's May 12 Wasde report, and difference from market expectations - Grain Price News](https://feedsoft.ai/events/41349-key-data-in-usda-s-may-12-wasde-report-and-difference-from-market-expectations.md) | -0.3% | -0.9% |
| SOY | 2021-08-12 | [Markets higher after ?exciting? WASDE Report \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/45503-markets-higher-after-exciting-wasde-report-iowa-agribusiness-radio-network.md) | -3.4% | -10.4% |
| SOY | 2021-03-09 | [USDA releases ?neutral? WASDE Report \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/48072-usda-releases-neutral-wasde-report-iowa-agribusiness-radio-network.md) | -1.3% | -1.3% |
| SOY | 2020-04-09 | [April WASDE contained ?friendly? and ?negative? components \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/53603-april-wasde-contained-friendly-and-negative-components-iowa-agribusiness-radio.md) | -2.1% | -1.5% |

## Sources

- iowaagribusinessradionetwork.com: https://iowaagribusinessradionetwork.com/may-wasde-relatively-in-line-with-expectations/

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