# WASDE Report uneventful. Watch your soybean futures closely | Iowa Agribusiness Radio Network

> Analysts described the December WASDE as uneventful, with China absent from the soybean market and few changes made to the balance sheets. Brian Grossman of Zaner Ag Hedging said future reports could change if China resumes purchases, and noted Brazil's record soybean crop.

- Date: 2018-12-11 · published 2018-12-11T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/61512-wasde-report-uneventful-watch-your-soybean-futures-closely-iowa-agribusiness
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

With no new export demand from China and a large Brazilian crop, soybean prices are likely to hinge on trade news rather than USDA data. Market participants are watching for any China purchase announcements.

## Read by commodity

- SOY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2021-03-09 | [USDA releases ?neutral? WASDE Report \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/48072-usda-releases-neutral-wasde-report-iowa-agribusiness-radio-network.md) | -1.3% | -1.3% |
| SOY | 2021-08-12 | [Markets higher after ?exciting? WASDE Report \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/45503-markets-higher-after-exciting-wasde-report-iowa-agribusiness-radio-network.md) | -3.4% | -10.4% |
| SOY | 2020-05-12 | [May WASDE: ?Relatively in line with expectations? \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/53060-may-wasde-relatively-in-line-with-expectations-iowa-agribusiness-radio-network.md) | -0.9% | +1.3% |
| SOY | 2020-04-09 | [April WASDE contained ?friendly? and ?negative? components \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/53603-april-wasde-contained-friendly-and-negative-components-iowa-agribusiness-radio.md) | -2.1% | -1.5% |
| SOY | 2025-02-13 | [South American bean production and balance sheets - Iowa Agribusiness Radio Network](https://feedsoft.ai/events/26099-south-american-bean-production-and-balance-sheets-iowa-agribusiness-radio.md) | +1.7% | -3.0% |

## Sources

- iowaagribusinessradionetwork.com: https://iowaagribusinessradionetwork.com/wasde-report-uneventful-watch-your-soybean-futures-closely/

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