# Futures mixed after USDA reports

> Grain futures moved mixed after USDA released its delayed February reports, which showed smaller corn and soybean crops. Corn usage fell 165 million bushels, and 2018/19 corn ending stocks dropped 46 million bushels to 1.735 billion. Traders were also watching renewed U.S.-China trade talks.

- Date: 2019-02-08 · published 2019-02-08T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/60560-futures-mixed-after-usda-reports
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Smaller crops are offset by weaker demand, so the net effect on feed grain prices is limited. Trade talks with China are a key swing factor for soybean demand.

## Read by commodity

- SOY: neutral
- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-09-12 | [Futures gyrate with mixed reports](https://feedsoft.ai/events/57012-futures-gyrate-with-mixed-reports.md) | +4.8% | +9.0% |
| CORN | 2024-07-15 | [Farm Futures afternoon market report](https://feedsoft.ai/events/9367-farm-futures-afternoon-market-report.md) | -1.5% | -2.1% |
| CORN | 2017-09-29 | [USDA Reports Flash](https://feedsoft.ai/events/68898-usda-reports-flash.md) | +3.1% | +2.4% |
| CORN | 2017-05-10 | [USDA Reports Flash](https://feedsoft.ai/events/70935-usda-reports-flash.md) | +0.3% | +2.4% |
| CORN | 2026-06-30 | [Grain futures rally as USDA acreage report delivers mixed signals](https://feedsoft.ai/events/18830-grain-futures-rally-as-usda-acreage-report-delivers-mixed-signals.md) | +5.7% | +8.7% |
| SOY | 2019-04-09 | [Futures mixed after mixed USDA reports](https://feedsoft.ai/events/59544-futures-mixed-after-mixed-usda-reports.md) | -0.0% | -9.0% |
| SOY | 2019-03-08 | [Futures lower on mixed USDA news](https://feedsoft.ai/events/60035-futures-lower-on-mixed-usda-news.md) | -0.1% | +1.8% |
| SOY | 2017-11-09 | [USDA Reports Flash](https://feedsoft.ai/events/67929-usda-reports-flash.md) | -1.2% | +0.4% |

## Sources

- feedstuffs.com: https://www.feedstuffs.com/market-reports/futures-mixed-after-usda-reports

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