# Change in USDA Wheat Stocks Estimates

> DTN analyst Joel Karlin reviewed historical revisions between May USDA wheat ending stock projections and final figures 18 months later. From 1990 to 2017, final U.S. wheat stocks averaged 42 million bushels above the initial May estimate, mainly because production came in higher.

- Date: 2018-05-24 · published 2018-05-24T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/64973-change-in-usda-wheat-stocks-estimates
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

The analysis is historical context on how far wheat stock estimates typically move, and it does not describe a new supply change, so price impact is limited.

## Read by commodity

- WHEAT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2026-04-01 | [USDA leaves U.S. soybean, corn, wheat ending stocks unchanged](https://feedsoft.ai/events/20192-usda-leaves-u-s-soybean-corn-wheat-ending-stocks-unchanged.md) | -2.5% | +0.9% |
| WHEAT | 2024-02-13 | [USDA Ag Outlook Ending Stock Estimates](https://feedsoft.ai/events/31634-usda-ag-outlook-ending-stock-estimates.md) | -0.5% | -4.9% |
| WHEAT | 2020-05-19 | [USDA: Wheat Stocks Drop, But Prices Hold](https://feedsoft.ai/events/53171-usda-wheat-stocks-drop-but-prices-hold.md) | +2.0% | +0.3% |
| WHEAT | 2025-02-11 | [USDA Cuts World Corn, Soybean, Wheat Ending Stocks](https://feedsoft.ai/events/25989-usda-cuts-world-corn-soybean-wheat-ending-stocks.md) | +2.0% | -3.0% |
| WHEAT | 2020-11-10 | [USDA Lowers Corn, Soybean and Wheat Ending Stocks](https://feedsoft.ai/events/50091-usda-lowers-corn-soybean-and-wheat-ending-stocks.md) | -2.8% | +2.5% |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/blogs/fundamentally-speaking/blog-post/2018/05/24/change-usda-wheat-stocks-estimates

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