# Despite neutral CBOT close, WASDE report "bad for corn" - Brownfield Ag News

> An University of Illinois economist said the April 9 WASDE was bearish for corn despite a neutral CBOT close. USDA cut feed and residual use by 75 million bushels, lowered ethanol grind by 50 million and lowered exports by 75 million, lifting corn ending stocks above 2 billion bushels. May corn closed unchanged at $3.60.

- Date: 2019-04-09 · published 2019-04-09T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/59545-despite-neutral-cbot-close-wasde-report-bad-for-corn-brownfield-ag-news
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [DDGS](https://feedsoft.ai/c/DDGS.md)

## Why it matters

Lower projected demand and higher carryout point to weaker corn prices ahead, especially as short positions may unwind. This is a key feed-cost signal for buyers.

## Read by commodity

- CORN: bearish ▼
- DDGS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2026-03-10 | [Soybeans up, corn and wheat down after quiet March WASDE report - Brownfield Ag News](https://feedsoft.ai/events/10386-soybeans-up-corn-and-wheat-down-after-quiet-march-wasde-report-brownfield-ag.md) | +3.2% | +2.8% |
| CORN | 2016-11-09 | [Key support levels tested by WASDE report - Brownfield Ag News](https://feedsoft.ai/events/73823-key-support-levels-tested-by-wasde-report-brownfield-ag-news.md) | -6.6% | -4.5% |
| CORN | 2019-03-08 | [Soybeans, corn down after supply and demand report - Brownfield Ag News](https://feedsoft.ai/events/60038-soybeans-corn-down-after-supply-and-demand-report-brownfield-ag-news.md) | +0.8% | +0.8% |
| CORN | 2019-11-17 | [November WASDE report shows bearish for corn; neutral for soybeans - Messenger News](https://feedsoft.ai/events/56022-november-wasde-report-shows-bearish-for-corn-neutral-for-soybeans-messenger-news.md) | +0.0% | +2.0% |
| CORN | 2020-12-23 | [A sluggish week for corn, soybean sales - Brownfield Ag News](https://feedsoft.ai/events/10130-a-sluggish-week-for-corn-soybean-sales-brownfield-ag-news.md) | +4.2% | +18.2% |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/news/despite-neutral-cbot-close-wasde-report-bad-for-corn/

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