# U.S. soybean, wheat ending stocks seen up as exports fall - Grainews

> USDA raised U.S. soybean and wheat ending stocks on lower export demand, as rival suppliers in Argentina, Brazil and Canada gained share. Soybean futures fell to session lows before recovering, and corn and wheat edged higher.

- Date: 2017-12-12 · published 2017-12-12T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/67417-u-s-soybean-wheat-ending-stocks-seen-up-as-exports-fall-grainews
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Heavier U.S. carryout and lagging exports point to weaker soybean and wheat prices, while South American supply keeps competition strong. Ethanol-driven corn use trims corn stocks, which is supportive for corn.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2019-02-08 | [Soybean Production Up in 2018, USDA Reports Winter Wheat Seedings and Grain Stocks also reported](https://feedsoft.ai/events/60450-soybean-production-up-in-2018-usda-reports-winter-wheat-seedings-and-grain.md) | -1.1% | -3.2% |
| SOY | 2018-10-12 | [USDA raises corn, soybean and wheat ending stocks estimates \| 2018-10-12  \| World Grain](https://feedsoft.ai/events/62480-usda-raises-corn-soybean-and-wheat-ending-stocks-estimates-2018-10-12-world.md) | +0.6% | +1.1% |
| SOY | 2018-01-12 | [USDA increases U.S. corn, soybean, wheat ending stocks estimates - Brownfield Ag News](https://feedsoft.ai/events/66935-usda-increases-u-s-corn-soybean-wheat-ending-stocks-estimates-brownfield-ag-news.md) | +3.9% | +4.5% |
| SOY | 2023-06-12 | [USDA Increases Corn, Soybean, Wheat Ending Stocks - ProAg](https://feedsoft.ai/events/35444-usda-increases-corn-soybean-wheat-ending-stocks-proag.md) | +5.8% | +9.7% |
| SOY | 2016-11-09 | [USDA raises U.S. corn, soybean ending stocks - Brownfield Ag News](https://feedsoft.ai/events/73820-usda-raises-u-s-corn-soybean-ending-stocks-brownfield-ag-news.md) | -1.6% | +2.5% |
| WHEAT | 2017-08-11 | [U.S. grains: Wheat falls; corn, soy firm - Grainews](https://feedsoft.ai/events/69495-u-s-grains-wheat-falls-corn-soy-firm-grainews.md) | +0.3% | -0.2% |
| WHEAT | 2018-01-12 | [USDA increases U.S. corn, soybean, wheat ending stocks estimates - Brownfield Ag News](https://feedsoft.ai/events/66935-usda-increases-u-s-corn-soybean-wheat-ending-stocks-estimates-brownfield-ag-news.md) | -0.2% | +5.8% |
| WHEAT | 2018-10-12 | [USDA raises corn, soybean and wheat ending stocks estimates \| 2018-10-12  \| World Grain](https://feedsoft.ai/events/62480-usda-raises-corn-soybean-and-wheat-ending-stocks-estimates-2018-10-12-world.md) | +8.1% | +4.6% |

## Sources

- grainews.ca: https://www.grainews.ca/daily/u-s-soybean-wheat-ending-stocks-seen-up-as-exports-fall/

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