# March WASDE Held Few Surprises With Little Reaction

> The March WASDE contained zero changes to U.S. ending stocks, while world figures moved only slightly. Argentine and Brazilian soybean production each rose by 1 million tonnes, and world soybean ending stocks increased by 3.6 million tonnes to 102.44 million. Analysts called the report unremarkable.

- Date: 2020-03-10 · published 2020-03-10T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/54095-march-wasde-held-few-surprises-with-little-reaction
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Record South American soybean output keeps global supplies ample, which caps soybean and meal prices for feed buyers.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2026-03-10 | [USDA Releases March Crop Production, WASDE Reports](https://feedsoft.ai/events/20107-usda-releases-march-crop-production-wasde-reports.md) | -1.3% | -1.1% |
| WHEAT | 2020-02-11 | [February WASDE Provides Little New Input](https://feedsoft.ai/events/54557-february-wasde-provides-little-new-input.md) | +4.4% | +9.6% |
| WHEAT | 2024-03-08 | [MARCH 2024 WASDE REPORT SUMMARY AND NOTES: - CIH](https://feedsoft.ai/events/31131-march-2024-wasde-report-summary-and-notes-cih.md) | -7.4% | -6.6% |
| WHEAT | 2026-03-17 | [March 2026 WASDE](https://feedsoft.ai/events/4713-march-2026-wasde.md) | -0.6% | +1.9% |
| WHEAT | 2020-03-10 | [Markets unfazed by March WASDE report](https://feedsoft.ai/events/54089-markets-unfazed-by-march-wasde-report.md) | -4.8% | -5.7% |
| CORN | 2020-02-20 | [Focus on Ag: February WASDE report offers very few surprises](https://feedsoft.ai/events/54559-focus-on-ag-february-wasde-report-offers-very-few-surprises.md) | -2.4% | -7.1% |
| CORN | 2022-04-08 | [Few Surprises in April WASDE Report \| Red River Farm Network](https://feedsoft.ai/events/41796-few-surprises-in-april-wasde-report-red-river-farm-network.md) | -0.7% | -6.4% |
| CORN | 2020-02-25 | [February WASDE Report Offers Very Few Surprises - MinnStar Bank](https://feedsoft.ai/events/54563-february-wasde-report-offers-very-few-surprises-minnstar-bank.md) | +0.4% | -4.8% |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/article/2020/03/10/march-wasde-held-surprises-little
- proag.com: https://www.proag.com/news/march-wasde-held-few-surprises-with-little-reaction/

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