# A Quarterly Checkup From USDA

> DTN previews USDA's Sept. 30 Grain Stocks and Small Grains Summary reports, noting the Sept. 1 corn stocks estimate near 2.436 billion bushels and a record first billion-bushel soybean surplus. Analysts see odds leaning bearish for corn if USDA surprises, as demand has fallen.

- Date: 2019-09-27 · published 2019-09-27T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/57109-a-quarterly-checkup-from-usda
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

A stocks surprise would move corn and soybean prices, and the wheat production estimate will reflect difficult spring wheat harvest conditions.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2017-06-09 | [FAO/GIEWS quarterly report ‘Crop Prospects and Food Situation’](https://feedsoft.ai/events/70409-fao-giews-quarterly-report-crop-prospects-and-food-situation.md) | -1.0% | +0.5% |
| WHEAT | 2023-02-01 | [Four Corn Industry Highlights for 2023 from the USDA Ag Outlook Forum](https://feedsoft.ai/events/37350-four-corn-industry-highlights-for-2023-from-the-usda-ag-outlook-forum.md) | +2.0% | -4.7% |
| WHEAT | 2018-06-12 | [USDA Reports Flash](https://feedsoft.ai/events/64479-usda-reports-flash.md) | -0.9% | -6.9% |
| WHEAT | 2017-11-01 | [USDA Chicago Terminal Grain - Nov 1 \| Fox Business](https://feedsoft.ai/events/68017-usda-chicago-terminal-grain-nov-1-fox-business.md) | +0.3% | -1.2% |
| WHEAT | 2017-09-25 | [USDA Chicago Terminal Grain - Sep 25 \| Fox Business](https://feedsoft.ai/events/8512-usda-chicago-terminal-grain-sep-25-fox-business.md) | -7.1% | +2.9% |
| SOY | 2023-07-16 | [Was the July WASDE Report a Gift From the USDA?](https://feedsoft.ai/events/7053-was-the-july-wasde-report-a-gift-from-the-usda.md) | +0.4% | -6.3% |
| SOY | 2017-06-09 | [FAO/GIEWS quarterly report ‘Crop Prospects and Food Situation’](https://feedsoft.ai/events/70409-fao-giews-quarterly-report-crop-prospects-and-food-situation.md) | -0.3% | +6.2% |
| SOY | 2023-09-29 | [It’s been a bad quarter for corn, soybean and wheat prices](https://feedsoft.ai/events/34143-it-s-been-a-bad-quarter-for-corn-soybean-and-wheat-prices.md) | -1.5% | -1.6% |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/article/2019/09/27/quarterly-checkup-usda

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