# Nation's corn crop is shrinking | 2019-11-08  | Agri-Pulse Communications, Inc.

> USDA projected 2019/20 U.S. corn ending stocks at 1.91 billion bushels, slightly below October and above the trade guess of 1.8 billion. Soybean ending stocks were raised 15 million bushels to 475 million. Soybean prices fell after President Trump said he would not roll back tariffs on China.

- Date: 2019-11-08 · published 2019-11-08T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/56017-nation-s-corn-crop-is-shrinking-2019-11-08-agri-pulse-communications-inc
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Corn stocks were slightly lower but still ample, so feed corn prices stay under pressure. Higher soybean stocks and weaker China trade prospects point to lower soybean and soymeal prices.

## Read by commodity

- SOY: bearish ▼
- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2018-12-12 | [Few surprises in last WASDE of 2018 \| 2018-12-11 \| Agri-Pulse \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/61508-few-surprises-in-last-wasde-of-2018-2018-12-11-agri-pulse-agri-pulse.md) | +1.1% | +1.4% |
| CORN | 2019-08-30 | [Trade mitigation payments boost farm income \| 2019-08-30  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/57599-trade-mitigation-payments-boost-farm-income-2019-08-30-agri-pulse.md) | -2.4% | +1.4% |
| CORN | 2024-02-14 | [Ethanol plants saw strong profits in 2023 \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/31665-ethanol-plants-saw-strong-profits-in-2023-agri-pulse-communications-inc.md) | +0.5% | +3.9% |
| CORN | 2021-03-09 | [Corn, soy, wheat ending stocks hold steady for March \| 2021-03-09  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/48068-corn-soy-wheat-ending-stocks-hold-steady-for-march-2021-03-09-agri-pulse.md) | -10.3% | -1.3% |
| CORN | 2020-06-11 | [June USDA report on par with trade expectations \| 2020-06-11  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/52553-june-usda-report-on-par-with-trade-expectations-2020-06-11-agri-pulse.md) | +1.0% | +5.3% |
| SOY | 2017-08-10 | [Bearish USDA crop report shakes corn and soybean sectors \| 2017-08-10 \| Agri-Pulse \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/69393-bearish-usda-crop-report-shakes-corn-and-soybean-sectors-2017-08-10-agri-pulse.md) | -4.3% | +0.0% |
| SOY | 2021-03-09 | [Corn, soy, wheat ending stocks hold steady for March \| 2021-03-09  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/48068-corn-soy-wheat-ending-stocks-hold-steady-for-march-2021-03-09-agri-pulse.md) | -1.3% | -1.3% |
| SOY | 2024-08-28 | [Ag trade deficit to grow in FY25, as Chinese market shrinks  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/14730-ag-trade-deficit-to-grow-in-fy25-as-chinese-market-shrinks-agri-pulse.md) | +4.0% | +8.9% |

## Sources

- agri-pulse.com: https://www.agri-pulse.com/articles/12816-nations-corn-crop-is-shrinking

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