# Futures mixed on larger stocks

> Grain futures traded mixed after USDA's stocks report showed larger-than-expected September 1 inventories of corn, soybeans and wheat. Corn supplies were 2.14 billion bushels, and soybean stocks were 438 million. USDA also raised its 2018 all-wheat production estimate by 7 million bushels to 1.884 billion.

- Date: 2018-09-28 · published 2018-09-28T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/62994-futures-mixed-on-larger-stocks
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Bigger old-crop and new-crop supplies weigh on corn and soybeans, while smaller summer feed use implies weaker demand for feed ingredients.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-03-08 | [Futures lower on mixed USDA news](https://feedsoft.ai/events/60035-futures-lower-on-mixed-usda-news.md) | +0.8% | +0.8% |
| CORN | 2019-04-09 | [Futures mixed after mixed USDA reports](https://feedsoft.ai/events/59544-futures-mixed-after-mixed-usda-reports.md) | +1.8% | -0.5% |
| CORN | 2019-04-09 | [USDA Expects Larger Corn Stocks](https://feedsoft.ai/events/11376-usda-expects-larger-corn-stocks.md) | +1.8% | -0.5% |
| CORN | 2018-01-10 | [2018 begins with larger level of ending stocks on hand](https://feedsoft.ai/events/66846-2018-begins-with-larger-level-of-ending-stocks-on-hand.md) | +1.1% | +3.1% |
| CORN | 2024-06-28 | [Corn Falls on Friday as USDA Reports Larger Acreage and Stocks](https://feedsoft.ai/events/29803-corn-falls-on-friday-as-usda-reports-larger-acreage-and-stocks.md) | -0.3% | -0.9% |
| SOY | 2017-03-31 | [Futures File: Pigs pounded on big supplies](https://feedsoft.ai/events/72143-futures-file-pigs-pounded-on-big-supplies.md) | -2.2% | -1.8% |
| SOY | 2019-05-10 | [Bearish corn stocks pressure futures - Alliance Grain](https://feedsoft.ai/events/59043-bearish-corn-stocks-pressure-futures-alliance-grain.md) | +4.9% | +7.0% |
| SOY | 2019-04-01 | [Large Corn Stocks, Seedings Surprise the Market - ProAg](https://feedsoft.ai/events/59546-large-corn-stocks-seedings-surprise-the-market-proag.md) | +1.7% | -4.2% |

## Sources

- farmprogress.com: https://www.farmprogress.com/marketing/futures-mixed-on-larger-stocks

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