# U.S. grains: Bigger-than-expected supplies knock down prices - Grainews

> USDA quarterly stocks showed soybean stocks of 438 million bushels as of Sept. 1, nine percent above estimates, with corn and wheat stocks also above expectations. Grain futures slumped on Friday, with December corn sliding 2.3 percent to about $3.56.

- Date: 2018-09-28 · published 2018-09-28T12:00:00.000Z
- Category: report · region US · magnitude high
- Page: https://feedsoft.ai/events/63056-u-s-grains-bigger-than-expected-supplies-knock-down-prices-grainews
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Bigger-than-expected inventories and a looming harvest add to oversupply, pushing feed grain and soymeal prices lower while weak China demand limits soybean exports.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2022-01-12 | [U.S. grains: Wheat futures fall on bigger-than-expected plantings, stocks - AgCanada](https://feedsoft.ai/events/43100-u-s-grains-wheat-futures-fall-on-bigger-than-expected-plantings-stocks-agcanada.md) | +3.9% | +2.0% |
| WHEAT | 2024-02-08 | [February WASDE: U.S. supplies higher than traders expected](https://feedsoft.ai/events/31628-february-wasde-u-s-supplies-higher-than-traders-expected.md) | -4.2% | -1.8% |
| WHEAT | 2025-09-30 | [USDA Grain Stocks 'Surprise' With Larger Corn Inventories Than Expected](https://feedsoft.ai/events/9842-usda-grain-stocks-surprise-with-larger-corn-inventories-than-expected.md) | +0.4% | +5.9% |
| WHEAT | 2025-06-25 | [Wheat Price Forecast: Expectations For Abundant Supplies To](https://feedsoft.ai/events/24272-wheat-price-forecast-expectations-for-abundant-supplies-to.md) | +2.2% | -1.5% |
| WHEAT | 2025-06-26 | [Big global wheat crop expected to pressure prices \| The Western Producer](https://feedsoft.ai/events/24273-big-global-wheat-crop-expected-to-pressure-prices-the-western-producer.md) | +3.0% | -1.3% |
| CORN | 2024-02-08 | [February WASDE: U.S. supplies higher than traders expected](https://feedsoft.ai/events/31628-february-wasde-u-s-supplies-higher-than-traders-expected.md) | -1.4% | +1.6% |
| CORN | 2023-05-17 | [Corn prices fall as supplies expected to increase](https://feedsoft.ai/events/5013-corn-prices-fall-as-supplies-expected-to-increase.md) | +2.4% | +0.5% |
| CORN | 2025-09-30 | [USDA Grain Stocks 'Surprise' With Larger Corn Inventories Than Expected](https://feedsoft.ai/events/9842-usda-grain-stocks-surprise-with-larger-corn-inventories-than-expected.md) | +0.8% | +1.0% |

## Sources

- country-guide.ca: https://www.country-guide.ca/daily/u-s-grains-bigger-than-expected-supplies-knock-down-prices/
- grainews.ca: https://www.grainews.ca/daily/u-s-grains-bigger-than-expected-supplies-knock-down-prices/

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