# Wheat leads on USDA supply, demand changes - Brownfield Ag News

> Brownfield reports that the July WASDE lowered US corn and soybean production, using June acreage, while the USDA is resurveying producers for the August report. Wheat, soybeans, meal and oil all firmed on short covering and technical buying, while weekly export sales were bearish.

- Date: 2019-07-11 · published 2019-07-11T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/58152-wheat-leads-on-usda-supply-demand-changes-brownfield-ag-news
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Lower US production estimates support corn and soybean complex prices, but the August resurvey could reverse them, so buyers face uncertainty.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲
- CORN: bullish ▲
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2026-06-11 | [USDA makes limited changes in June WASDE update - Brownfield Ag News](https://feedsoft.ai/events/18732-usda-makes-limited-changes-in-june-wasde-update-brownfield-ag-news.md) | +4.1% | +2.3% |
| WHEAT | 2021-01-12 | [USDA numbers send corn, soybeans, wheat higher - Brownfield Ag News](https://feedsoft.ai/events/49092-usda-numbers-send-corn-soybeans-wheat-higher-brownfield-ag-news.md) | +2.3% | -3.8% |
| WHEAT | 2018-07-12 | [Corn, wheat supported by ending stocks - Brownfield Ag News](https://feedsoft.ai/events/64000-corn-wheat-supported-by-ending-stocks-brownfield-ag-news.md) | +3.8% | +9.7% |
| WHEAT | 2022-09-30 | [Wheat, corn rise, soybeans fall after USDA numbers - Brownfield Ag News](https://feedsoft.ai/events/39611-wheat-corn-rise-soybeans-fall-after-usda-numbers-brownfield-ag-news.md) | +0.4% | -10.7% |
| WHEAT | 2020-12-14 | [Shrinking global supplies - Brownfield Ag News](https://feedsoft.ai/events/49578-shrinking-global-supplies-brownfield-ag-news.md) | -2.1% | +4.3% |
| CORN | 2017-02-08 | [Soybeans, corn, wheat up ahead of USDA numbers - Brownfield Ag News](https://feedsoft.ai/events/8600-soybeans-corn-wheat-up-ahead-of-usda-numbers-brownfield-ag-news.md) | +0.9% | +0.3% |
| CORN | 2017-05-10 | [USDA lowers old crop corn, soybean stocks on good demand - Brownfield Ag News](https://feedsoft.ai/events/70887-usda-lowers-old-crop-corn-soybean-stocks-on-good-demand-brownfield-ag-news.md) | +0.3% | +2.4% |
| CORN | 2018-06-12 | [Wheat, corn respond strongly to USDA numbers - Brownfield Ag News](https://feedsoft.ai/events/64482-wheat-corn-respond-strongly-to-usda-numbers-brownfield-ag-news.md) | -2.1% | -4.6% |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/wheat-leads-on-usda-supply-demand-changes/

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