# Futures mixed after mixed USDA reports

> USDA raised its 2018/19 corn ending stocks forecast by 200 million bushels to 1.035 billion, about 50 million above trade guesses, while cutting feed, ethanol and export demand. Wheat carryout rose 32 million bushels to 1.087 billion, and the average wheat price was raised 5 cents to $5.20. Soybean carryout fell 5 million bushels to 895 million.

- Date: 2019-04-09 · published 2019-04-09T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/59544-futures-mixed-after-mixed-usda-reports
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Demand cuts combined with higher stocks signal a heavier corn and wheat supply overhang, which is bearish for feed grain prices. Soybean supply was little changed.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-07-11 | [USDA reports offer mixed view](https://feedsoft.ai/events/58044-usda-reports-offer-mixed-view.md) | +0.2% | -5.9% |
| CORN | 2019-03-08 | [Futures lower on mixed USDA news](https://feedsoft.ai/events/60035-futures-lower-on-mixed-usda-news.md) | +0.8% | +0.8% |
| CORN | 2025-06-30 | [U.S. grains: Soy futures end mixed; corn and wheat sag after USDA reports \| The Western Producer](https://feedsoft.ai/events/24225-u-s-grains-soy-futures-end-mixed-corn-and-wheat-sag-after-usda-reports-the.md) | -0.2% | -1.7% |
| CORN | 2017-11-09 | [USDA Reports Flash](https://feedsoft.ai/events/67929-usda-reports-flash.md) | -1.8% | -0.8% |
| CORN | 2017-03-09 | [USDA Reports Flash](https://feedsoft.ai/events/71937-usda-reports-flash.md) | +0.5% | +0.6% |
| WHEAT | 2019-03-08 | [Futures lower on mixed USDA news](https://feedsoft.ai/events/60035-futures-lower-on-mixed-usda-news.md) | +0.7% | -1.0% |
| WHEAT | 2024-07-15 | [Farm Futures afternoon market report](https://feedsoft.ai/events/9367-farm-futures-afternoon-market-report.md) | -3.2% | -2.3% |
| WHEAT | 2025-06-30 | [U.S. grains: Soy futures end mixed; corn and wheat sag after USDA reports \| The Western Producer](https://feedsoft.ai/events/24225-u-s-grains-soy-futures-end-mixed-corn-and-wheat-sag-after-usda-reports-the.md) | -0.7% | -1.8% |

## Sources

- farmprogress.com: https://www.farmprogress.com/marketing/futures-mixed-after-mixed-usda-reports

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