# Few surprises in last WASDE of 2018 | 2018-12-11 | Agri-Pulse | Agri-Pulse Communications, Inc.

> The December WASDE left US corn and soybean production unchanged from November, at 14.626 billion and 4.6 billion bushels. The report cut corn used for ethanol by 50 million bushels and kept soybean exports at 1.9 billion bushels despite the US-China trade dispute.

- Date: 2018-12-12 · published 2018-12-12T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/61508-few-surprises-in-last-wasde-of-2018-2018-12-11-agri-pulse-agri-pulse
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

With most US balance sheet numbers unchanged, the report offers little new price direction for feed grains or soybean meal. The ethanol cut is a minor demand signal.

## Read by commodity

- SOY: neutral
- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-11-08 | [Nation's corn crop is shrinking \| 2019-11-08  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/56017-nation-s-corn-crop-is-shrinking-2019-11-08-agri-pulse-communications-inc.md) | +0.0% | -0.3% |
| CORN | 2024-02-14 | [Ethanol plants saw strong profits in 2023 \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/31665-ethanol-plants-saw-strong-profits-in-2023-agri-pulse-communications-inc.md) | +0.5% | +3.9% |
| CORN | 2020-01-10 | [Markets breathe easy with neutral WASDE report \| 2020-01-10  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/55019-markets-breathe-easy-with-neutral-wasde-report-2020-01-10-agri-pulse.md) | -1.0% | -0.7% |
| CORN | 2020-06-11 | [June USDA report on par with trade expectations \| 2020-06-11  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/52553-june-usda-report-on-par-with-trade-expectations-2020-06-11-agri-pulse.md) | +1.0% | +5.3% |
| CORN | 2019-08-30 | [Trade mitigation payments boost farm income \| 2019-08-30  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/57599-trade-mitigation-payments-boost-farm-income-2019-08-30-agri-pulse.md) | -2.4% | +1.4% |
| SOY | 2019-05-10 | [Article Headline \| 2019-05-10 \| Agri-Pulse \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/59045-article-headline-2019-05-10-agri-pulse-agri-pulse-communications-inc.md) | +4.9% | +7.0% |
| SOY | 2022-12-09 | [USDA’s WASDE leaves most grain and oilseed estimates unchanged \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/38185-usda-s-wasde-leaves-most-grain-and-oilseed-estimates-unchanged-agri-pulse.md) | -0.9% | +1.2% |
| SOY | 2022-11-09 | [WASDE reveals small crops are done getting smaller \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/38646-wasde-reveals-small-crops-are-done-getting-smaller-agri-pulse-communications-inc.md) | +0.9% | +1.9% |

## Sources

- agri-pulse.com: https://www.agri-pulse.com/articles/11735-few-surprises-in-last-wasde-of-2018

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