# A Benign WASDE Surrounded By Turmoil

> Corn futures gained after the WASDE report, with USDA estimating corn at 14.78 billion bushels on a 180.7 bpa yield. Soybean crop estimate of 4.69 billion bushels was unchanged, and USDA raised corn exports by 75 million bushels to 2.475 billion.

- Date: 2018-10-12 · published 2018-10-12T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/62481-a-benign-wasde-surrounded-by-turmoil
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A higher corn export forecast tightens domestic corn supply, supporting feed grain prices. Rising interest rates and equity selling added macro pressure on markets.

## Read by commodity

- DXY: bullish ▲
- SOY: neutral
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2023-01-12 | [Turner's Take Ag Markets \| Jan WASDE Bullish](https://feedsoft.ai/events/37733-turner-s-take-ag-markets-jan-wasde-bullish.md) | +2.2% | +2.2% |
| CORN | 2022-09-12 | [WASDE sparks a corn, soybean rally – The Seam](https://feedsoft.ai/events/39609-wasde-sparks-a-corn-soybean-rally-the-seam.md) | -1.1% | -1.5% |
| CORN | 2026-08-14 | [August 2026 WASDE](https://feedsoft.ai/events/17851-august-2026-wasde.md) | +4.0% | +10.7% |
| CORN | 2024-12-17 | [Surprise December WASDE Numbers Tighten Corn Balance \| CZ app](https://feedsoft.ai/events/26905-surprise-december-wasde-numbers-tighten-corn-balance-cz-app.md) | +0.1% | +5.5% |
| CORN | 2020-12-09 | [Will WASDE break the grains selloff?](https://feedsoft.ai/events/5274-will-wasde-break-the-grains-selloff.md) | +1.3% | +9.8% |
| SOY | 2020-03-10 | [Markets unfazed by March WASDE report](https://feedsoft.ai/events/54089-markets-unfazed-by-march-wasde-report.md) | -4.8% | -0.9% |
| SOY | 2026-04-13 | [April 2026 WASDE Update](https://feedsoft.ai/events/19663-april-2026-wasde-update.md) | -0.7% | +1.6% |
| SOY | 2026-10-10 | [October WASDE Recap - by Jake Hanley - TEUCRIUM](https://feedsoft.ai/events/17067-october-wasde-recap-by-jake-hanley-teucrium.md) | -2.4% | -5.7% |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/article/2018/10/12/benign-wasde-surrounded-turmoil

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