A look at the August WASDE

After 770 past neutral report events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% over 20.

• Mar 9, 2021Mixed March 9 USDA WASDE numbers – Ohio Ag Net | Ohio's Country Journal-10.3%
• Feb 8, 2023Neutral WASDE report maintains expectations – Ohio Ag Net | Ohio's Country Journal-0.3%
• May 10, 2017Not bearish, neutral to friendly – Ohio Ag Net | Ohio's Country Journal+0.3%
• Jun 16, 2020Weather, China and soybean crush key market factors – Ohio Ag Net | Ohio's Country Journal-0.0%
• Aug 12, 2020August WASDE report Black Sea commentary - The Sizov Report blog+3.8%

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 18, 2016Taking a look at the role of USDA reports in the market – Ohio Ag Net | Ohio's Country Journal-6.2%
• Mar 1, 2022ERS estimates of retaliatory tariffs on U.S. agriculture – Ohio Ag Net | Ohio's Country Journal+1.8%
• Feb 8, 2018Report confusing, negative numbers not killing soybeans – Ohio Ag Net | Ohio's Country Journal+3.5%
• Jul 18, 2017Soybean Marketing: Preparing for the August WASDE Report | CropWatch | Nebraska+1.3%
• May 18, 2021May 2021 WASDE: Soybeans are Taking the Lead - U.S. Soybean Export Council-4.1%