# USDA Releases Latest WASDE Report

> USDA's June 12 WASDE raised new-crop soybean ending stocks to 495 million bushels from 480 million and left new-crop corn ending stocks unchanged at 2.1 billion bushels. The report also projected season-average farm prices, with wheat up five cents from the prior report. USDA will release acreage and grain stocks reports on June 30.

- Date: 2017-06-12 · published 2017-06-12T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/70425-usda-releases-latest-wasde-report
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Higher soybean stocks signal ample supply and weigh on soybean and meal prices. Corn is unchanged, so the report does little to alter the corn balance sheet.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼
- CORN: neutral
- WHEAT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2016-10-13 | [USDA WASDE Report at a Glance](https://feedsoft.ai/events/9407-usda-wasde-report-at-a-glance.md) | +3.8% | +3.9% |
| SOY | 2023-05-12 | [USDA Releases May 2023 WASDE Report \| American Ag Network](https://feedsoft.ai/events/35889-usda-releases-may-2023-wasde-report-american-ag-network.md) | -7.6% | -3.9% |
| SOY | 2016-11-10 | [9 highlights of USDA’s latest WASDE report \| Feed Strategy](https://feedsoft.ai/events/73819-9-highlights-of-usda-s-latest-wasde-report-feed-strategy.md) | +0.8% | +5.7% |
| SOY | 2025-07-11 | [USDA Releases July 2025 WASDE Report \| Agriculture of America](https://feedsoft.ai/events/23709-usda-releases-july-2025-wasde-report-agriculture-of-america.md) | +0.9% | -4.0% |
| SOY | 2024-06-13 | [The Latest WASDE Report Defies Expectations - ProAg](https://feedsoft.ai/events/29692-the-latest-wasde-report-defies-expectations-proag.md) | -1.9% | -3.6% |
| SBM | 2023-05-12 | [USDA Releases May 2023 WASDE Report \| American Ag Network](https://feedsoft.ai/events/35889-usda-releases-may-2023-wasde-report-american-ag-network.md) | -2.0% | -4.8% |
| SBM | 2024-12-10 | [USDA Releases December 2024 WASDE Report \| American Ag Network](https://feedsoft.ai/events/26906-usda-releases-december-2024-wasde-report-american-ag-network.md) | +0.1% | +2.2% |
| SBM | 2021-06-10 | [USDA Report Recap](https://feedsoft.ai/events/46510-usda-report-recap.md) | -2.1% | -6.2% |

## Sources

- agnetwest.com: https://agnetwest.com/usda-releases-latest-wasde-report/

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