# February WASDE Will Check in on South America

> The USDA February WASDE report, due February 8, 2024, will update South American corn and soybean estimates. Analysts expect small changes to U.S. corn ending stocks and possible adjustments to Brazil's corn production and U.S. export estimates.

- Date: 2024-02-06 · published 2024-02-06T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/7201-february-wasde-will-check-in-on-south-america
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Traders will react to any shift in Brazilian and Argentine production estimates, which could move corn and soybean prices if they differ from expectations.

## Read by commodity

- SOY: neutral
- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2020-02-20 | [Focus on Ag: February WASDE report offers very few surprises](https://feedsoft.ai/events/54559-focus-on-ag-february-wasde-report-offers-very-few-surprises.md) | -2.4% | -7.1% |
| CORN | 2020-02-11 | [February WASDE Provides Little New Input](https://feedsoft.ai/events/54557-february-wasde-provides-little-new-input.md) | +0.7% | +0.7% |
| CORN | 2024-02-08 | [February 2024 WASDE Report Summary and Notes - CIH](https://feedsoft.ai/events/31632-february-2024-wasde-report-summary-and-notes-cih.md) | -1.4% | +1.6% |
| CORN | 2019-12-12 | [South American Soybean Production Impact](https://feedsoft.ai/events/55631-south-american-soybean-production-impact.md) | +5.5% | +5.7% |
| CORN | 2019-02-05 | [Central America Regional Supply and Market Outlook - February 5, 2019 - Guatemala \| ReliefWeb](https://feedsoft.ai/events/60532-central-america-regional-supply-and-market-outlook-february-5-2019-guatemala.md) | +0.0% | -1.1% |
| SOY | 2020-02-20 | [Focus on Ag: February WASDE report offers very few surprises](https://feedsoft.ai/events/54559-focus-on-ag-february-wasde-report-offers-very-few-surprises.md) | -1.8% | -8.0% |
| SOY | 2020-02-11 | [February WASDE Provides Little New Input](https://feedsoft.ai/events/54557-february-wasde-provides-little-new-input.md) | +0.9% | -1.3% |
| SOY | 2026-02-10 | [February 2026 WASDE REPORT SUMMARY AND NOTES: - CIH](https://feedsoft.ai/events/20549-february-2026-wasde-report-summary-and-notes-cih.md) | +2.1% | +6.9% |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/article/2024/02/06/february-wasde-will-check-south

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