# USDA Reports Review - ProAg

> ProAg's review of the August USDA reports recaps the surprise WASDE: corn yield, acreage and production were well above pre-report estimates and December corn fell 25 cents. It also gives world 2019-20 corn ending stocks of 307.7 million tonnes, compared with 298.9 million in July.

- Date: 2019-08-14 · published 2019-08-14T12:00:00.000Z
- Category: report · region Global · magnitude high
- Page: https://feedsoft.ai/events/57550-usda-reports-review-proag
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Higher world corn ending stocks suggest ample global feed supplies, which keeps downward pressure on corn and feed prices.

## Read by commodity

- CORN: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| CORN | 2019-08-11 | 1 | -3.7% | -3.3 | The review recaps the WASDE surprise, with December corn down 25 cents and world corn ending stocks raised. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2017-09-28 | [USDA Reports Preview](https://feedsoft.ai/events/68982-usda-reports-preview.md) | +2.6% | +2.3% |
| CORN | 2022-10-12 | [USDA Reports Review](https://feedsoft.ai/events/39097-usda-reports-review.md) | +1.9% | -1.0% |
| CORN | 2016-12-09 | [USDA Report Review](https://feedsoft.ai/events/73426-usda-report-review.md) | +2.4% | +0.4% |
| CORN | 2019-03-08 | [USDA Reports Summary - ProAg](https://feedsoft.ai/events/60034-usda-reports-summary-proag.md) | +0.8% | +0.8% |
| CORN | 2018-09-12 | [USDA Reports Update](https://feedsoft.ai/events/62875-usda-reports-update.md) | -2.5% | -0.1% |

## Sources

- proag.com: https://www.proag.com/news/usda-reports-review/

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