# U.S.D.A. lifts 2019 ending stocks projections | 2018-10-12  | Food Business News

> USDA's October 11 WASDE raised projected 2019 carryover for corn to 1,813 million bushels, soybeans to 885 million bushels, and all wheat to 956 million bushels. Hard red winter wheat carryover was projected at 424 million bushels.

- Date: 2018-10-12 · published 2018-10-12T12:00:00.000Z
- Category: report · region US · magnitude high
- Page: https://feedsoft.ai/events/62484-u-s-d-a-lifts-2019-ending-stocks-projections-2018-10-12-food-business-news
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Higher projected carryover indicates ample supply across corn, soybeans and wheat, which weighs on feed grain and soymeal prices. Buyers face a looser supply outlook.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼
- KWHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2017-11-10 | [U.S.D.A. lowers 2018 wheat, soybean carryover from October \| Food Business News \| November 10, 2017 13:57](https://feedsoft.ai/events/67928-u-s-d-a-lowers-2018-wheat-soybean-carryover-from-october-food-business-news.md) | -0.9% | +0.6% |
| CORN | 2023-05-15 | [USDA Ending Stocks Reveal Record Projections for Corn and Soybeans - ProAg](https://feedsoft.ai/events/35890-usda-ending-stocks-reveal-record-projections-for-corn-and-soybeans-proag.md) | -8.8% | -9.3% |
| CORN | 2023-05-23 | [USDA forecasts record-large corn, soy production in 2023 \| Food Business News](https://feedsoft.ai/events/13277-usda-forecasts-record-large-corn-soy-production-in-2023-food-business-news.md) | -1.8% | +0.2% |
| CORN | 2019-05-10 | [Higher New Corn, Soybean Ending Stocks Projected](https://feedsoft.ai/events/59042-higher-new-corn-soybean-ending-stocks-projected.md) | +5.8% | +12.3% |
| CORN | 2020-02-20 | [USDA's acreage, price projections for 2020 - Brownfield Ag News](https://feedsoft.ai/events/54627-usda-s-acreage-price-projections-for-2020-brownfield-ag-news.md) | -2.4% | -7.1% |
| SOY | 2023-05-15 | [USDA Ending Stocks Reveal Record Projections for Corn and Soybeans - ProAg](https://feedsoft.ai/events/35890-usda-ending-stocks-reveal-record-projections-for-corn-and-soybeans-proag.md) | -8.9% | -4.3% |
| SOY | 2023-05-23 | [USDA forecasts record-large corn, soy production in 2023 \| Food Business News](https://feedsoft.ai/events/13277-usda-forecasts-record-large-corn-soy-production-in-2023-food-business-news.md) | -3.3% | +12.9% |
| SOY | 2024-06-17 | [US Soybean Ending Stocks Projected Higher for 2024/25 as Crush Declines](https://feedsoft.ai/events/29838-us-soybean-ending-stocks-projected-higher-for-2024-25-as-crush-declines.md) | -0.4% | -7.6% |

## Sources

- foodbusinessnews.net: https://www.foodbusinessnews.net/articles/12681-usda-lifts-2019-ending-stocks-projections

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