# History Shows Lack of Excitement for Dec WASDE

> Analysts previewed the December WASDE, expecting little change from November. Trade estimates pointed to a 4 million bushel decline in US wheat ending stocks, a 9 million bushel rise in corn stocks, and a 1 million bushel rise in soybean stocks. Corn exports could be cut by 25 million bushels given a sluggish export pace.

- Date: 2019-12-09 · published 2019-12-09T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/55517-history-shows-lack-of-excitement-for-dec-wasde
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Expectations of minimal revisions mean the report was unlikely to move prices much. A possible cut to corn exports would be bearish for corn if confirmed, given weak export demand.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2022-12-09 | [December USDA WASDE Report Holds Little Excitement for Traders, With Few Surprises](https://feedsoft.ai/events/38183-december-usda-wasde-report-holds-little-excitement-for-traders-with-few.md) | +1.9% | +2.9% |
| CORN | 2016-11-10 | [9 highlights of USDA’s latest WASDE report \| Feed Strategy](https://feedsoft.ai/events/73819-9-highlights-of-usda-s-latest-wasde-report-feed-strategy.md) | -3.7% | -1.2% |
| CORN | 2024-02-08 | [February WASDE Shows Slightly Bearish Demand Changes for US, Only Minor Revisions in Brazil Crops](https://feedsoft.ai/events/31631-february-wasde-shows-slightly-bearish-demand-changes-for-us-only-minor.md) | -1.4% | +1.6% |
| CORN | 2025-12-01 | [November WASDE shows mixed crop prices](https://feedsoft.ai/events/21541-november-wasde-shows-mixed-crop-prices.md) | +0.3% | +0.3% |
| CORN | 2019-11-17 | [November WASDE report shows bearish for corn; neutral for soybeans - Messenger News](https://feedsoft.ai/events/56022-november-wasde-report-shows-bearish-for-corn-neutral-for-soybeans-messenger-news.md) | +0.0% | +2.0% |
| WHEAT | 2016-11-10 | [9 highlights of USDA’s latest WASDE report \| Feed Strategy](https://feedsoft.ai/events/73819-9-highlights-of-usda-s-latest-wasde-report-feed-strategy.md) | +1.5% | +0.7% |
| WHEAT | 2024-02-08 | [February WASDE Shows Slightly Bearish Demand Changes for US, Only Minor Revisions in Brazil Crops](https://feedsoft.ai/events/31631-february-wasde-shows-slightly-bearish-demand-changes-for-us-only-minor.md) | -4.2% | -1.8% |
| WHEAT | 2024-09-12 | [September WASDE: Historically huge crops still anticipated](https://feedsoft.ai/events/28255-september-wasde-historically-huge-crops-still-anticipated.md) | -1.8% | +4.3% |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/blogs/fundamentally-speaking/blog-post/2019/12/09/history-shows-lack-excitement-dec

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