USDA/WASDE Data Seen as Market Bearish

After 1,102 past bearish report events, CORN moved a median -0.2% over 5 sessions (47% higher; middle half -1.8% to +1.3%), and +0.0% over 20.

• Oct 12, 2021WASDE Report Prints Bearish Soybean Data, Sends Market Reeling+0.0%
• Jul 12, 2022Turner's Take Ag Markets | WASDE Bearish-13.6%
• Aug 10, 2017Crop markets tumble after bearish USDA numbers-4.5%
• Oct 12, 2022Turner's Take Ag Markets | WASDE Bullish Soybeans and Bearish Corn/Wheat+1.9%
• Oct 11, 2021Turner's Take Ag Marketing | October WASDE Bearish for Soybeans and Corn-1.0%

After 788 past bearish report events, SOY moved a median -0.3% over 5 sessions (47% higher; middle half -2.0% to +1.5%), and -0.9% over 20.

• Oct 12, 2021WASDE Report Prints Bearish Soybean Data, Sends Market Reeling-0.5%
• Jul 12, 2022Turner's Take Ag Markets | WASDE Bearish-8.8%
• Aug 10, 2017Crop markets tumble after bearish USDA numbers-4.3%
• Dec 9, 2025WASDE: USDA data gives corn prices a modest bump-2.0%
• Oct 11, 2021Turner's Take Ag Marketing | October WASDE Bearish for Soybeans and Corn-2.0%

After 399 past bearish report events, SBM moved a median -0.4% over 5 sessions (44% higher; middle half -2.4% to +1.2%), and -1.0% over 20.

• Oct 12, 2021WASDE Report Prints Bearish Soybean Data, Sends Market Reeling+0.3%
• Aug 10, 2017Crop markets tumble after bearish USDA numbers-3.9%
• Mar 9, 2017USDA Report: Soybeans get a bearish surprise+0.3%
• Apr 12, 2024WASDE update: A largely bearish affair | ING THINK+1.2%
• Apr 12, 2017USDA Crop Reports Bearish for U.S. Corn, Wheat and Soybean Markets - Northern Ag Network+0.5%