# U.S. soy stocks seen rising, corn stocks seen falling in 2017-18 - Agweek | #1 source for agriculture news, farming, markets

> USDA projected U.S. soybean ending stocks for 2017-18 at 480 million bushels, an 11-year high, after another large harvest. Corn stocks were seen declining slightly but staying plentiful, and wheat production was seen at an 11-year low.

- Date: 2017-05-10 · published 2017-05-10T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/70936-u-s-soy-stocks-seen-rising-corn-stocks-seen-falling-in-2017-18-agweek-1-source
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Figures came in below market expectations, but record-high soy carryout keeps pressure on soybean and meal prices, while lower wheat output offers modest support.

## Read by commodity

- SOY: neutral
- CORN: neutral
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2020-05-12 | [WASDE report shows new crop ending stocks shrinking, corn stocks rising - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/53058-wasde-report-shows-new-crop-ending-stocks-shrinking-corn-stocks-rising-agweek-1.md) | -0.9% | +1.3% |
| SOY | 2017-03-19 | [Markets preparing for spring - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/10725-markets-preparing-for-spring-agweek-1-source-for-agriculture-news-farming.md) | -2.4% | -4.7% |
| SOY | 2021-03-09 | [U.S. Department of Agriculture kicks can down the road on domestic stocks in March WASDE - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/48070-u-s-department-of-agriculture-kicks-can-down-the-road-on-domestic-stocks-in.md) | -1.3% | -1.3% |
| SOY | 2020-06-07 | [Have the markets found a bottom? - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/9493-have-the-markets-found-a-bottom-agweek-1-source-for-agriculture-news-farming.md) | +0.4% | +3.5% |
| SOY | 2020-07-10 | [July WASDE report gets bearish reaction - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/5364-july-wasde-report-gets-bearish-reaction-agweek-1-source-for-agriculture-news.md) | -0.5% | -1.9% |
| CORN | 2017-03-19 | [Markets preparing for spring - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/10725-markets-preparing-for-spring-agweek-1-source-for-agriculture-news-farming.md) | -2.1% | -0.6% |
| CORN | 2021-03-09 | [U.S. Department of Agriculture kicks can down the road on domestic stocks in March WASDE - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/48070-u-s-department-of-agriculture-kicks-can-down-the-road-on-domestic-stocks-in.md) | -10.3% | -1.3% |
| CORN | 2020-05-17 | [WASDE not as bad as expected, for now - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/53062-wasde-not-as-bad-as-expected-for-now-agweek-1-source-for-agriculture-news.md) | -0.1% | +3.0% |

## Sources

- agweek.com: https://www.agweek.com/news/u-s-soy-stocks-seen-rising-corn-stocks-seen-falling-in-2017-18

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