# USDA raises new crop U.S. corn, soybean ending stocks - Brownfield Ag News

> USDA raised new-crop US corn and soybean ending stocks in its August supply and demand estimates, as higher production outweighed steady-to-higher demand. The agency also tightened the US wheat balance sheet on a smaller domestic crop and larger exports, citing drought losses in the EU. Farm price outlooks were adjusted for the 2018/19 marketing year.

- Date: 2018-08-10 · published 2018-08-10T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/63479-usda-raises-new-crop-u-s-corn-soybean-ending-stocks-brownfield-ag-news
- 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

Higher corn and soybean carryout points to ample feed supplies and softer farm prices, while tighter wheat balances due to EU drought provide some support for wheat feed alternatives.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼
- WHEAT: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| SOY | 2018-08-09 | 1 | -4.7% | -3.5 | USDA's higher new-crop soybean and corn ending stocks, with production outweighing demand, support the bearish supply repricing. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2016-11-09 | [USDA raises U.S. corn, soybean ending stocks - Brownfield Ag News](https://feedsoft.ai/events/73820-usda-raises-u-s-corn-soybean-ending-stocks-brownfield-ag-news.md) | -6.6% | -4.5% |
| CORN | 2018-01-12 | [USDA increases U.S. corn, soybean, wheat ending stocks estimates - Brownfield Ag News](https://feedsoft.ai/events/66935-usda-increases-u-s-corn-soybean-wheat-ending-stocks-estimates-brownfield-ag-news.md) | +1.7% | +3.5% |
| CORN | 2025-04-10 | [CONAB raises Brazil soybean, corn crop estimates - Brownfield Ag News](https://feedsoft.ai/events/13499-conab-raises-brazil-soybean-corn-crop-estimates-brownfield-ag-news.md) | +3.1% | -3.3% |
| CORN | 2017-09-12 | [USDA raises corn, soybean production, yield estimates - Brownfield Ag News](https://feedsoft.ai/events/68802-usda-raises-corn-soybean-production-yield-estimates-brownfield-ag-news.md) | +0.9% | +3.8% |
| CORN | 2019-03-12 | [Brazil raises corn crop estimate, cuts soybeans - Brownfield Ag News](https://feedsoft.ai/events/59926-brazil-raises-corn-crop-estimate-cuts-soybeans-brownfield-ag-news.md) | +5.0% | -0.3% |
| SOY | 2016-11-09 | [USDA raises U.S. corn, soybean ending stocks - Brownfield Ag News](https://feedsoft.ai/events/73820-usda-raises-u-s-corn-soybean-ending-stocks-brownfield-ag-news.md) | -1.6% | +2.5% |
| SOY | 2018-01-12 | [USDA increases U.S. corn, soybean, wheat ending stocks estimates - Brownfield Ag News](https://feedsoft.ai/events/66935-usda-increases-u-s-corn-soybean-wheat-ending-stocks-estimates-brownfield-ag-news.md) | +3.9% | +4.5% |
| SOY | 2025-04-10 | [CONAB raises Brazil soybean, corn crop estimates - Brownfield Ag News](https://feedsoft.ai/events/13499-conab-raises-brazil-soybean-corn-crop-estimates-brownfield-ag-news.md) | +2.6% | +2.4% |

## Sources

- brownfieldagnews.com: https://www.brownfieldagnews.com/news/usda-raises-new-crop-u-s-corn-soybean-ending-stocks/

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