# USDA Reports Flash

> USDA's May WASDE set 2017-18 new-crop corn ending stocks at 2.11 billion bushels, in line with the pre-report average, and corn production at 14.065 billion bushels. New-crop soybean ending stocks came in at 480 million bushels, 88 million below the pre-report analyst average.

- Date: 2017-05-10 · published 2017-05-10T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/70935-usda-reports-flash
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Soybean stocks below expectations signal tighter-than-feared new-crop supplies, supporting soybean meal and feed costs, while corn was roughly neutral.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲
- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2017-09-29 | [USDA Reports Flash](https://feedsoft.ai/events/68898-usda-reports-flash.md) | +0.9% | +1.2% |
| SOY | 2018-06-12 | [USDA Reports Flash](https://feedsoft.ai/events/64479-usda-reports-flash.md) | -4.7% | -10.6% |
| SOY | 2018-04-10 | [USDA Reports Flash](https://feedsoft.ai/events/65481-usda-reports-flash.md) | -0.5% | -4.3% |
| SOY | 2022-10-12 | [USDA Reports Review](https://feedsoft.ai/events/39097-usda-reports-review.md) | -0.3% | +4.9% |
| SOY | 2020-09-11 | [USDA Reports Review](https://feedsoft.ai/events/51068-usda-reports-review.md) | +4.4% | +6.6% |
| CORN | 2017-09-29 | [USDA Reports Flash](https://feedsoft.ai/events/68898-usda-reports-flash.md) | +3.1% | +2.4% |
| CORN | 2018-10-11 | [USDA Reports Summary](https://feedsoft.ai/events/62479-usda-reports-summary.md) | +4.1% | +4.1% |
| CORN | 2021-05-12 | [USDA Reports Summary](https://feedsoft.ai/events/47039-usda-reports-summary.md) | -7.8% | -3.3% |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/article/2017/05/10/new-crop-corn-soybean-ending-stocks?referrer=twitter

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