# April WASDE Shows Increased U.S. Ending Stocks, Mixed World Stocks | Radio 570 WNAX

> The April WASDE raised US corn ending stocks by 200 million bushels to 2.092 billion after a 375 million bushel cut to ethanol demand. Soybean stocks rose 55 million bushels to 480 million on lower exports, and US wheat stocks rose 30 million bushels to 970 million. USDA cut Brazilian and Argentine soybean production estimates.

- Date: 2020-04-09 · published 2020-04-09T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/53605-april-wasde-shows-increased-u-s-ending-stocks-mixed-world-stocks-radio-570-wnax
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Lower ethanol demand and higher US carryouts weigh on corn and soybean prices. Cuts to South American crops limit the downside for soybeans in the export market.

## Read by commodity

- SOY: neutral
- CORN: bearish ▼
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2021-02-09 | [USDA Kicks Can Down the Road on Corn Ending Stocks \| Radio 570 WNAX](https://feedsoft.ai/events/48589-usda-kicks-can-down-the-road-on-corn-ending-stocks-radio-570-wnax.md) | -5.2% | +1.6% |
| CORN | 2021-07-12 | [U.S. corn ending stocks top forecasts in WASDE report](https://feedsoft.ai/events/46002-u-s-corn-ending-stocks-top-forecasts-in-wasde-report.md) | -6.7% | -7.2% |
| CORN | 2018-01-12 | [USDA increases U.S. corn, soybean, wheat ending stocks estimates - Brownfield Ag News](https://feedsoft.ai/events/66935-usda-increases-u-s-corn-soybean-wheat-ending-stocks-estimates-brownfield-ag-news.md) | +1.7% | +3.5% |
| CORN | 2023-06-12 | [USDA Increases Corn, Soybean, Wheat Ending Stocks - ProAg](https://feedsoft.ai/events/35444-usda-increases-corn-soybean-wheat-ending-stocks-proag.md) | +6.8% | -3.2% |
| CORN | 2016-11-09 | [Farming News - WASDE latest global stocks of wheat and oilseed increase](https://feedsoft.ai/events/73822-farming-news-wasde-latest-global-stocks-of-wheat-and-oilseed-increase.md) | -6.6% | -4.5% |
| SOY | 2024-12-11 | [December WASDE Shows Decrease in US Corn and Wheat Ending Stocks in 2024/2025](https://feedsoft.ai/events/26903-december-wasde-shows-decrease-in-us-corn-and-wheat-ending-stocks-in-2024-2025.md) | -1.8% | -0.3% |
| SOY | 2026-05-01 | [April WASDE Holds Corn, Soybean Ending Stocks Steady, Raises Wheat Stocks](https://feedsoft.ai/events/19667-april-wasde-holds-corn-soybean-ending-stocks-steady-raises-wheat-stocks.md) | -0.4% | +0.4% |
| SOY | 2021-05-13 | [USDA increases soybean product ending stocks estimates - Brownfield Ag News](https://feedsoft.ai/events/47160-usda-increases-soybean-product-ending-stocks-estimates-brownfield-ag-news.md) | -7.4% | -7.0% |

## Sources

- wnax.com: https://wnax.com/news/180081-april-wasde-shows-increased-u-s-ending-stocks-mixed-world-stocks/

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