# USDA Reports Preview

> Analysts previewed the USDA's May Crop Production and WASDE reports, due Thursday at 11 a.m. CDT. Estimates for 2018 production and 2018-19 ending stocks showed especially wide ranges among analysts.

- Date: 2018-05-09 · published 2018-05-09T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/65067-usda-reports-preview
- 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

Wide estimate ranges mean the report could surprise the market in either direction. Buyers should expect volatility around the release.

## Read by commodity

- SOY: neutral
- CORN: neutral
- WHEAT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2020-06-12 | [USDA Reports Review - ProAg](https://feedsoft.ai/events/52558-usda-reports-review-proag.md) | +0.2% | +1.6% |
| CORN | 2017-09-29 | [USDA Reports Flash](https://feedsoft.ai/events/68898-usda-reports-flash.md) | +3.1% | +2.4% |
| CORN | 2017-05-10 | [USDA Reports Flash](https://feedsoft.ai/events/70935-usda-reports-flash.md) | +0.3% | +2.4% |
| CORN | 2018-10-11 | [USDA Reports Summary](https://feedsoft.ai/events/62479-usda-reports-summary.md) | +4.1% | +4.1% |
| CORN | 2021-05-12 | [USDA Reports Summary](https://feedsoft.ai/events/47039-usda-reports-summary.md) | -7.8% | -3.3% |
| SOY | 2022-08-12 | [USDA Reports Review](https://feedsoft.ai/events/13340-usda-reports-review.md) | -12.5% | -12.9% |
| SOY | 2020-06-12 | [USDA Reports Review - ProAg](https://feedsoft.ai/events/52558-usda-reports-review-proag.md) | +0.8% | +2.9% |
| SOY | 2016-12-09 | [USDA Report Review](https://feedsoft.ai/events/73426-usda-report-review.md) | +0.2% | -3.0% |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/article/2018/05/09/gaggle-guesses

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