# Analysts see few surprises in supply and demand report - Brownfield Ag News

> Analysts said the long-awaited USDA supply and demand report contained no major surprises. Economists noted that corn feed residual use was cut by 125 million bushels, more than expected. A broker said a 45-million-bushel drop in corn and bean carryout was not enough to move prices.

- Date: 2019-02-08 · published 2019-02-08T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/60557-analysts-see-few-surprises-in-supply-and-demand-report-brownfield-ag-news
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Market participants see the report as neutral for prices, so feed buyers face no sharp price shift from it. Analysts suggested selling old-crop corn and beans while prices held steady.

## Read by commodity

- SOY: neutral
- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2020-06-11 | [No major surprises in USDA's WASDE report - Brownfield Ag News](https://feedsoft.ai/events/52555-no-major-surprises-in-usda-s-wasde-report-brownfield-ag-news.md) | +1.0% | +5.3% |
| CORN | 2023-10-11 | [Supply and demand numbers could provide insight on the direction of feed costs - Brownfield Ag News](https://feedsoft.ai/events/33759-supply-and-demand-numbers-could-provide-insight-on-the-direction-of-feed-costs.md) | -0.4% | -2.1% |
| CORN | 2021-06-25 | [Latest Hogs and Pigs report shows a decline in farrowing intentions - Brownfield Ag News](https://feedsoft.ai/events/46731-latest-hogs-and-pigs-report-shows-a-decline-in-farrowing-intentions-brownfield.md) | +5.6% | -5.6% |
| CORN | 2021-11-04 | [RFA: ethanol exports down in September - Brownfield Ag News](https://feedsoft.ai/events/44050-rfa-ethanol-exports-down-in-september-brownfield-ag-news.md) | +3.7% | +0.1% |
| CORN | 2022-04-08 | [Few Surprises in April WASDE Report \| Red River Farm Network](https://feedsoft.ai/events/41796-few-surprises-in-april-wasde-report-red-river-farm-network.md) | -0.7% | -6.4% |
| SOY | 2020-06-11 | [No major surprises in USDA's WASDE report - Brownfield Ag News](https://feedsoft.ai/events/52555-no-major-surprises-in-usda-s-wasde-report-brownfield-ag-news.md) | +0.7% | +3.8% |
| SOY | 2023-10-11 | [Supply and demand numbers could provide insight on the direction of feed costs - Brownfield Ag News](https://feedsoft.ai/events/33759-supply-and-demand-numbers-could-provide-insight-on-the-direction-of-feed-costs.md) | +2.0% | +6.1% |
| SOY | 2019-04-09 | [Soybeans mixed, corn mostly firm after USDA report - Brownfield Ag News](https://feedsoft.ai/events/59548-soybeans-mixed-corn-mostly-firm-after-usda-report-brownfield-ag-news.md) | -0.0% | -9.0% |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/news/analysts-see-few-surprises-in-supply-and-demand-report/

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