# WASDE Review August 2018 : Soybean / Wheat / Corn

> The August 2018 WASDE raised US soybean production to 124.8 million tonnes on higher yields and lifted US soybean ending stocks to 21.3 MMT. US corn production was also raised, while wheat production was lowered, with global wheat ending stocks cut to 259 MMT on EU production declines. World soybean ending stocks rose to 105.9 MMT.

- Date: 2018-08-13 · published 2018-08-13T12:00:00.000Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/63482-wasde-review-august-2018-soybean-wheat-corn
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Higher global soybean stocks signal ample meal supplies, while lower global wheat stocks from EU and dry-weather losses tighten wheat availability for feed use.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2018-07-13 | [WASDE Review July 2018 : Soybean / Wheat / Corn](https://feedsoft.ai/events/64002-wasde-review-july-2018-soybean-wheat-corn.md) | +1.9% | +7.0% |
| SOY | 2023-07-13 | [Bearish WASDE Report Impacting Corn, Soybeans, and Wheat](https://feedsoft.ai/events/34985-bearish-wasde-report-impacting-corn-soybeans-and-wheat.md) | +0.2% | -3.8% |
| SOY | 2019-11-12 | [WASDE Lowers Wheat, Corn and Soybean Forecasts \| AgWired](https://feedsoft.ai/events/56021-wasde-lowers-wheat-corn-and-soybean-forecasts-agwired.md) | +0.6% | -0.4% |
| SOY | 2025-01-22 | [2025 Corn, Soybean, and Wheat Outlook \| CAES Field Report](https://feedsoft.ai/events/26478-2025-corn-soybean-and-wheat-outlook-caes-field-report.md) | -2.1% | -3.3% |
| SOY | 2026-08-14 | [August 2026 WASDE](https://feedsoft.ai/events/17851-august-2026-wasde.md) | +4.5% | +9.6% |
| SBM | 2019-11-12 | [WASDE Lowers Wheat, Corn and Soybean Forecasts \| AgWired](https://feedsoft.ai/events/56021-wasde-lowers-wheat-corn-and-soybean-forecasts-agwired.md) | +0.2% | -1.2% |
| SBM | 2024-01-17 | [2023 Corn and Soybean Yields](https://feedsoft.ai/events/13212-2023-corn-and-soybean-yields.md) | -2.1% | -5.9% |
| SBM | 2022-09-02 | [Brazilian Corn and Soybean 2022/2023 Crop Preview \| Weekly Crop Update](https://feedsoft.ai/events/13698-brazilian-corn-and-soybean-2022-2023-crop-preview-weekly-crop-update.md) | -4.9% | -7.5% |

## Sources

- tridge.com: https://www.tridge.com/stories/tridge-wasde-review-august-2018-soybean-wheat-corn

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