# WASDE Boosts Corn, Soybean Stocks – Lakeview Grains, LLC

> USDA's July WASDE raised 2018-19 U.S. wheat supplies by 74 million bushels and wheat production to 1,881 million bushels. It also tightened corn stocks and raised soybean ending stocks.

- Date: 2018-07-12 · published 2018-07-12T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/64001-wasde-boosts-corn-soybean-stocks-lakeview-grains-llc
- 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

Higher wheat supplies are bearish for wheat, while the smaller corn carryout supports corn prices. The soybean stock increase adds pressure to beans.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2018-03-09 | [WASDE: Soybean Exports Reduced, Corn Increased – Lakeview Grains, LLC](https://feedsoft.ai/events/10890-wasde-soybean-exports-reduced-corn-increased-lakeview-grains-llc.md) | +1.9% | +4.1% |
| CORN | 2023-09-23 | [WASDE shocker boosts corn and soybeans](https://feedsoft.ai/events/34109-wasde-shocker-boosts-corn-and-soybeans.md) | -0.3% | +1.6% |
| CORN | 2021-06-11 | [WASDE Slashes Corn Ending Stocks \| Feed & Grain](https://feedsoft.ai/events/46506-wasde-slashes-corn-ending-stocks-feed-and-grain.md) | -6.1% | -4.6% |
| 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 | 2021-01-12 | [WASDE Lowers Corn/Soy Ending Stocks Again - AgWeb](https://feedsoft.ai/events/49087-wasde-lowers-corn-soy-ending-stocks-again-agweb.md) | +5.8% | +11.6% |
| WHEAT | 2020-08-13 | [WASDE steady on wheat, bearish on corn, soybeans - Grain Central](https://feedsoft.ai/events/51547-wasde-steady-on-wheat-bearish-on-corn-soybeans-grain-central.md) | +0.7% | +11.5% |
| WHEAT | 2026-05-01 | [April WASDE Holds Corn, Soybean Ending Stocks Steady, Raises Wheat Stocks](https://feedsoft.ai/events/19667-april-wasde-holds-corn-soybean-ending-stocks-steady-raises-wheat-stocks.md) | -2.9% | -0.1% |
| WHEAT | 2022-09-12 | [WASDE sparks a corn, soybean rally – The Seam](https://feedsoft.ai/events/39609-wasde-sparks-a-corn-soybean-rally-the-seam.md) | -0.5% | +4.9% |

## Sources

- lakeviewgrainsllc.com: https://www.lakeviewgrainsllc.com/wasde-boosts-corn-soybean-stocks/

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