# U.S. soybean carryover down from March, wheat and corn up | 2018-04-10  | Food Business News

> USDA's April 10 WASDE raised U.S. wheat carryover on June 1, 2018 to 1,064 million bushels, while lowering soybean carryover and raising corn carryover. Wheat carryover rose 30 million bushels on lower feed and residual use, above trade expectations.

- Date: 2018-04-10 · published 2018-04-10T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/65482-u-s-soybean-carryover-down-from-march-wheat-and-corn-up-2018-04-10-food
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Higher U.S. wheat stocks add to supply and weigh on wheat prices. A smaller soybean carryover supports soybean prices, and the corn change was close to trade estimates.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2017-12-13 | [U.S.D.A. bumps wheat, soybean carryover \| Food Business News \| December 13, 2017 13:28](https://feedsoft.ai/events/67420-u-s-d-a-bumps-wheat-soybean-carryover-food-business-news-december-13-2017-13-28.md) | +1.4% | +2.7% |
| WHEAT | 2019-05-10 | [Initial 2020 carryover forecasts higher for wheat and corn \| 2019-05-10  \| Food Business News](https://feedsoft.ai/events/59044-initial-2020-carryover-forecasts-higher-for-wheat-and-corn-2019-05-10-food.md) | -0.5% | +4.8% |
| WHEAT | 2019-09-05 | [FAPRI sees lower wheat, corn, soybean prices \| 2019-09-05  \| Food Business News](https://feedsoft.ai/events/9145-fapri-sees-lower-wheat-corn-soybean-prices-2019-09-05-food-business-news.md) | -0.9% | +4.7% |
| WHEAT | 2026-03-10 | [Soybeans up, corn and wheat down after quiet March WASDE report - Brownfield Ag News](https://feedsoft.ai/events/10386-soybeans-up-corn-and-wheat-down-after-quiet-march-wasde-report-brownfield-ag.md) | -1.3% | -1.1% |
| WHEAT | 2017-12-13 | [USDA bumps U.S. wheat, soybean carryover \| World-grain.com \| December 13, 2017 13:57 \| World Grain](https://feedsoft.ai/events/67418-usda-bumps-u-s-wheat-soybean-carryover-world-grain-com-december-13-2017-13-57.md) | +1.4% | +2.7% |
| SOY | 2017-11-10 | [U.S.D.A. lowers 2018 wheat, soybean carryover from October \| Food Business News \| November 10, 2017 13:57](https://feedsoft.ai/events/67928-u-s-d-a-lowers-2018-wheat-soybean-carryover-from-october-food-business-news.md) | -0.3% | +1.5% |
| SOY | 2018-05-10 | [USDA predicts lower carryover for corn, wheat and soybeans \| World-grain.com \| May 10, 2018 19:23 \| World Grain](https://feedsoft.ai/events/64970-usda-predicts-lower-carryover-for-corn-wheat-and-soybeans-world-grain-com-may.md) | -0.7% | -3.3% |
| SOY | 2026-03-10 | [Soybeans up, corn and wheat down after quiet March WASDE report - Brownfield Ag News](https://feedsoft.ai/events/10386-soybeans-up-corn-and-wheat-down-after-quiet-march-wasde-report-brownfield-ag.md) | -2.1% | -1.9% |

## Sources

- foodbusinessnews.net: https://www.foodbusinessnews.net/articles/11622-us-soybean-carryover-down-from-march-wheat-and-corn-up

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