# USDA report: Larger U.S. corn, soy, wheat stocks

> Analysis of the April USDA report found corn feed and residual use rose 150 million bushels while ethanol use fell 375 million. Ending corn stocks were raised 200 million bushels to 2.092 billion, and the season-average corn price was cut 20 cents to $3.60. Ethanol demand has collapsed because of COVID-19 restrictions.

- Date: 2020-04-13 · published 2020-04-13T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/53602-usda-report-larger-u-s-corn-soy-wheat-stocks
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [DDGS](https://feedsoft.ai/c/DDGS.md)

## Why it matters

Larger stocks and a lower price forecast point to ample feed grain supply through the marketing year. The reduced DDGS output could shift protein demand toward soybean meal.

## Read by commodity

- SBM: bullish ▲
- CORN: bearish ▼
- DDGS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-04-09 | [USDA Expects Larger Corn Stocks](https://feedsoft.ai/events/11376-usda-expects-larger-corn-stocks.md) | +1.8% | -0.5% |
| CORN | 2025-10-01 | [USDA Grain Stocks Report Surprises Corn and Wheat - RFD](https://feedsoft.ai/events/9845-usda-grain-stocks-report-surprises-corn-and-wheat-rfd.md) | +1.4% | +2.3% |
| CORN | 2024-06-28 | [Corn Falls on Friday as USDA Reports Larger Acreage and Stocks](https://feedsoft.ai/events/29803-corn-falls-on-friday-as-usda-reports-larger-acreage-and-stocks.md) | -0.3% | -0.9% |
| CORN | 2017-07-13 | [USDA: Corn stocks increase, soybeans decrease - Mid-West Farm Report](https://feedsoft.ai/events/69889-usda-corn-stocks-increase-soybeans-decrease-mid-west-farm-report.md) | +0.3% | -1.2% |
| CORN | 2023-09-15 | [USDA report triggers corn and soybean price drop, wheat remai ...](https://feedsoft.ai/events/34044-usda-report-triggers-corn-and-soybean-price-drop-wheat-remai.md) | -7.1% | -4.6% |
| SBM | 2020-11-10 | [USDA Lowers Corn, Soybean and Wheat Ending Stocks](https://feedsoft.ai/events/50091-usda-lowers-corn-soybean-and-wheat-ending-stocks.md) | +1.4% | -0.6% |
| SBM | 2017-09-29 | [U.S. Corn, Soybean Stocks Drop, USDA Says](https://feedsoft.ai/events/68896-u-s-corn-soybean-stocks-drop-usda-says.md) | +2.0% | +1.7% |
| SBM | 2025-05-12 | [USDA May report: Record corn crop, tight soybean stocks for 2025-26](https://feedsoft.ai/events/24608-usda-may-report-record-corn-crop-tight-soybean-stocks-for-2025-26.md) | +1.3% | +2.3% |

## Sources

- farmprogress.com: https://www.farmprogress.com/marketing/usda-report-larger-u-s-corn-soy-wheat-stocks

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