# Corn, winter wheat drag grains lower, as US supply

> Corn and winter wheat led grains lower after the USDA WASDE report, as US supply came in above expectations. Spring wheat and soybeans also weakened later in the session, though they fell less than the others.

- Date: 2017-07-12 · published 2017-07-12T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/69892-corn-winter-wheat-drag-grains-lower-as-us-supply
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Supply figures above expectations are pushing benchmark grain prices down, lowering costs for corn and wheat feed ingredients.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼
- WHEAT: bearish ▼
- KWHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2026-01-12 | [US corn and wheat supplies rise in latest WASDE \| Feed & Grain](https://feedsoft.ai/events/12589-us-corn-and-wheat-supplies-rise-in-latest-wasde-feed-and-grain.md) | -2.8% | -1.7% |
| CORN | 2017-12-07 | [U.S. grains: StatsCan data help drag wheat to contract lows - AgCanada](https://feedsoft.ai/events/11622-u-s-grains-statscan-data-help-drag-wheat-to-contract-lows-agcanada.md) | +2.9% | +6.2% |
| CORN | 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) | -1.6% | -4.0% |
| CORN | 2017-07-12 | [USDA numbers push corn, wheat sharply lower - Brownfield Ag News](https://feedsoft.ai/events/6474-usda-numbers-push-corn-wheat-sharply-lower-brownfield-ag-news.md) | -4.1% | -5.2% |
| CORN | 2020-04-09 | [USDA raises corn, soy, wheat supply outlook - Country Guide](https://feedsoft.ai/events/53601-usda-raises-corn-soy-wheat-supply-outlook-country-guide.md) | -5.5% | -6.4% |
| WHEAT | 2022-11-09 | [GRAINS-Wheat Drops as USDA Raises Global Supply View; Corn, Soybeans Firm](https://feedsoft.ai/events/38644-grains-wheat-drops-as-usda-raises-global-supply-view-corn-soybeans-firm.md) | +1.1% | -9.0% |
| WHEAT | 2026-01-12 | [US corn and wheat supplies rise in latest WASDE \| Feed & Grain](https://feedsoft.ai/events/12589-us-corn-and-wheat-supplies-rise-in-latest-wasde-feed-and-grain.md) | +0.2% | +2.0% |
| WHEAT | 2017-12-07 | [U.S. grains: StatsCan data help drag wheat to contract lows - AgCanada](https://feedsoft.ai/events/11622-u-s-grains-statscan-data-help-drag-wheat-to-contract-lows-agcanada.md) | -4.0% | -1.3% |

## Sources

- zmp.de: https://www.zmp.de/en/futures/news/press-review-corn-winter-wheat-drag-grains-lower-us-supply-hopes-top-expectations-2017

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