# USDA Raises Corn Inventories Outlook Beyond Expectations

> The USDA's December WASDE raised projected US corn ending stocks for 2018-19 to 1.781 billion bushels, above the 1.736 billion in November and the roughly 1.744 billion analysts expected. Total corn use was cut by 50 million bushels, with the ethanol projection lowered, while wheat ending stocks were raised to 974 million bushels.

- Date: 2018-12-11 · published 2018-12-11T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/61507-usda-raises-corn-inventories-outlook-beyond-expectations
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [DDGS](https://feedsoft.ai/c/DDGS.md)

## Why it matters

Larger-than-expected US corn and wheat carryout points to ample supplies and weaker feed grain prices. Lower ethanol use also signals softer demand for DDGS.

## Read by commodity

- CORN: bearish ▼
- DDGS: bearish ▼
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2025-09-30 | [USDA Grain Stocks 'Surprise' With Larger Corn Inventories Than Expected](https://feedsoft.ai/events/9842-usda-grain-stocks-surprise-with-larger-corn-inventories-than-expected.md) | +0.8% | +1.0% |
| CORN | 2026-01-12 | [USDA Raises Production and Stocks Above Trade Expectations](https://feedsoft.ai/events/20994-usda-raises-production-and-stocks-above-trade-expectations.md) | -2.8% | -1.7% |
| CORN | 2020-04-09 | [USDA raises corn, soy, wheat supply outlook - Country Guide](https://feedsoft.ai/events/53601-usda-raises-corn-soy-wheat-supply-outlook-country-guide.md) | -5.5% | -6.4% |
| CORN | 2017-04-04 | [USDA: high corn inventories, reduced maize crop](https://feedsoft.ai/events/71540-usda-high-corn-inventories-reduced-maize-crop.md) | -0.2% | +0.2% |
| CORN | 2017-11-09 | [USDA boosts corn harvest view above expectations on record yields - Grainews](https://feedsoft.ai/events/67930-usda-boosts-corn-harvest-view-above-expectations-on-record-yields-grainews.md) | -1.8% | -0.8% |
| WHEAT | 2025-09-30 | [USDA Grain Stocks 'Surprise' With Larger Corn Inventories Than Expected](https://feedsoft.ai/events/9842-usda-grain-stocks-surprise-with-larger-corn-inventories-than-expected.md) | +0.4% | +5.9% |
| WHEAT | 2026-02-10 | [USDA Defies Expectations by Lowering Corn Ending Stocks](https://feedsoft.ai/events/20544-usda-defies-expectations-by-lowering-corn-ending-stocks.md) | +1.9% | +6.3% |
| WHEAT | 2026-01-12 | [USDA Raises Production and Stocks Above Trade Expectations](https://feedsoft.ai/events/20994-usda-raises-production-and-stocks-above-trade-expectations.md) | +0.2% | +2.0% |

## Sources

- agriculture.com: https://www.agriculture.com/news/crops/usda-raises-corn-inventories-outlook-beyond-expectations

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