# Corn, Wheat Get Help From USDA Report

> December corn closed up 6 cents at $3.59 1/4 after USDA's ending-stocks estimate came in below trade expectations. Wheat futures also gained 5 to 13 cents across Chicago, Kansas City and Minneapolis contracts.

- Date: 2018-07-12 · published 2018-07-12T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/63998-corn-wheat-get-help-from-usda-report
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Corn ending stocks of 1.552 billion bushels were tighter than the 1.73 billion analysts expected, which supports corn prices and adds some lift to wheat.

## Read by commodity

- SOY: neutral
- CORN: bullish ▲
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2025-03-31 | [USDA reports mixed grain stocks, with wheat up and corn down](https://feedsoft.ai/events/25651-usda-reports-mixed-grain-stocks-with-wheat-up-and-corn-down.md) | +0.4% | +4.2% |
| CORN | 2022-09-30 | [USDA reports trigger corn rally](https://feedsoft.ai/events/39549-usda-reports-trigger-corn-rally.md) | +1.0% | +3.8% |
| CORN | 2021-06-10 | [Corn stocks cut in USDA WASDE report - Grainews](https://feedsoft.ai/events/46509-corn-stocks-cut-in-usda-wasde-report-grainews.md) | -1.8% | -2.6% |
| CORN | 2022-03-31 | [USDA Report Bullish for Corn, Bearish for Soybeans](https://feedsoft.ai/events/42296-usda-report-bullish-for-corn-bearish-for-soybeans.md) | +4.1% | +5.9% |
| CORN | 2016-10-13 | [USDA WASDE Report at a Glance](https://feedsoft.ai/events/9407-usda-wasde-report-at-a-glance.md) | +2.3% | +2.5% |
| WHEAT | 2020-09-30 | [Wheat closes over 5% higher after USDA report](https://feedsoft.ai/events/8790-wheat-closes-over-5-higher-after-usda-report.md) | +2.5% | +4.6% |
| WHEAT | 2026-06-30 | [Wheat Rallies on Bull Friendly USDA Report Data](https://feedsoft.ai/events/18842-wheat-rallies-on-bull-friendly-usda-report-data.md) | +0.2% | +2.6% |
| WHEAT | 2022-09-30 | [USDA reports trigger corn rally](https://feedsoft.ai/events/39549-usda-reports-trigger-corn-rally.md) | +0.4% | -10.7% |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/article/2018/07/12/corn-wheat-get-help-usda-report

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