Traders shrug off favorable WASDE soybean data

After 563 past neutral report events, Soybeans moved a median -0.1% over 5 sessions (48% higher; middle half -1.7% to +1.6%), and -0.1% over 20.

• Jul 13, 2020July WASDE report has few surprises for soybeans+0.7%
• Jun 30, 2025CBOT soy ends mixed as traders mull bearish US stocks, bullish acreage data+0.4%
• Jul 1, 2019ERS Report: “Interdependence of China, United States, and Brazil in Soybean Trade”-2.7%
• Jan 13, 2025Can US, China improve soybean trade, or will Beijing hit US farmers over Trump’s tariffs? | South China Morning Post+2.0%
• Aug 15, 2025Global soybean meal trade to set record for third straight year+2.6%

After 1,102 past bearish report events, Corn moved a median -0.2% over 5 sessions (47% higher; middle half -1.8% to +1.3%), and +0.0% over 20.

• Oct 12, 2021WASDE Report Prints Bearish Soybean Data, Sends Market Reeling+0.0%
• Aug 12, 2023U.S. grains: Soybean, grains futures drop as traders shed risk - AgCanada+0.3%
• Feb 8, 2024February WASDE: U.S. supplies higher than traders expected-1.4%
• Jun 11, 2026Crops Analysis | Traders digest June WASDE report - Pro Farmer+2.0%
• Oct 15, 2024October WASDE: Top takeaways for corn, soybeans and wheat-0.1%