# Post Market Wrap up February 9 | Woodall Grain Company

> Soybean futures fell after USDA left U.S. domestic soybean ending stocks unchanged at 420 million bushels, contrary to trade expectations of a cut. Wheat futures rallied on Brazilian demand for U.S. wheat and firmer export expectations, while total U.S. soybean export commitments reached 51.0 million tonnes, up 21% year on year.

- Date: 2017-02-09 · published 2017-02-09T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/72447-post-market-wrap-up-february-9-woodall-grain-company
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Unchanged soybean stocks despite strong exports signal a looser U.S. balance than the market expected, which pressures soy prices. Firm wheat export demand supports wheat prices.

## Read by commodity

- SOY: bearish ▼
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2024-10-21 | [Grain market review: Oilseeds \| World Grain](https://feedsoft.ai/events/11145-grain-market-review-oilseeds-world-grain.md) | +1.8% | +2.9% |
| SOY | 2023-02-02 | [Grain Transportation Report, February 2, 2023](https://feedsoft.ai/events/16648-grain-transportation-report-february-2-2023.md) | -0.0% | -0.0% |
| SOY | 2024-02-29 | [Grain Transportation Report, February 29, 2024](https://feedsoft.ai/events/16567-grain-transportation-report-february-29-2024.md) | +0.6% | +5.2% |
| SOY | 2019-05-12 | [Daily Market Wire 13 May 2019 - Grain Central](https://feedsoft.ai/events/5739-daily-market-wire-13-may-2019-grain-central.md) | +3.1% | +7.7% |
| SOY | 2024-02-01 | [Grain Transportation Report, February 1, 2024](https://feedsoft.ai/events/31832-grain-transportation-report-february-1-2024.md) | -2.7% | -7.7% |
| WHEAT | 2016-11-17 | [Post Market Wrap Up Nov 17 \| Woodall Grain Company](https://feedsoft.ai/events/11920-post-market-wrap-up-nov-17-woodall-grain-company.md) | -2.1% | +0.6% |
| WHEAT | 2022-04-04 | [Spiking grain costs challenge poultry markets: Rabobank](https://feedsoft.ai/events/42009-spiking-grain-costs-challenge-poultry-markets-rabobank.md) | -7.3% | -4.2% |
| WHEAT | 2017-02-13 | [Wheat Market Outlook – February 13th, 2017 \| Sask Wheat](https://feedsoft.ai/events/72523-wheat-market-outlook-february-13th-2017-sask-wheat.md) | -1.1% | -1.8% |

## Sources

- woodallgrain.com: https://woodallgrain.com/post-market-wrap-up-february-9/

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