# U.S. Grain Stocks Get Smaller, USDA Report Shows

> USDA's June WASDE report cut 2017/18 US corn and soybean ending stocks below May estimates and slightly below trade expectations. Wheat ending stocks were roughly unchanged. CME July corn closed 10 cents higher and July wheat 20 cents higher.

- Date: 2018-06-12 · published 2018-06-12T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/64478-u-s-grain-stocks-get-smaller-usda-report-shows
- 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

Tighter old-crop US corn and soybean supplies support nearby prices and reduce the feed grain cushion for buyers. The market reaction shows the report was read as friendly.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2024-09-30 | [USDA Releases Sept. 1 Grain Stocks, Small Grains Summary Reports](https://feedsoft.ai/events/28259-usda-releases-sept-1-grain-stocks-small-grains-summary-reports.md) | +1.0% | -0.6% |
| CORN | 2020-12-03 | [USDA Grain Stocks & WASDE Shock Markets \| Feed & Grain](https://feedsoft.ai/events/49679-usda-grain-stocks-and-wasde-shock-markets-feed-and-grain.md) | +0.0% | +3.9% |
| 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 | 2020-09-30 | [U.S. Corn, Soybean Piles Get Smaller, USDA Says](https://feedsoft.ai/events/8792-u-s-corn-soybean-piles-get-smaller-usda-says.md) | +1.5% | +11.3% |
| SOY | 2024-09-30 | [USDA Releases Sept. 1 Grain Stocks, Small Grains Summary Reports](https://feedsoft.ai/events/28259-usda-releases-sept-1-grain-stocks-small-grains-summary-reports.md) | -2.6% | -7.3% |
| SOY | 2019-06-28 | [USDA acreage report shocks the market](https://feedsoft.ai/events/58542-usda-acreage-report-shocks-the-market.md) | -1.7% | -0.5% |
| SOY | 2020-09-30 | [U.S. Corn, Soybean Piles Get Smaller, USDA Says](https://feedsoft.ai/events/8792-u-s-corn-soybean-piles-get-smaller-usda-says.md) | +5.1% | +9.0% |

## Sources

- agriculture.com: https://www.agriculture.com/news/crops/us-grain-stocks-get-smaller-usda-report-shows

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