# USDA Reports Flash

> USDA's December WASDE left 2016-17 U.S. corn, soybean and wheat ending stocks unchanged at 2.403 billion, 480 million and 1.143 billion bushels. The agency raised global production and ending stocks for all three crops, and those world figures came in above pre-report trade averages.

- Date: 2016-12-09 · published 2016-12-09T12:00:00.000Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/73424-usda-reports-flash
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Unchanged U.S. balance sheets are neutral for domestic prices, but larger world supplies add competition for U.S. exports and weigh on global price expectations.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2017-03-09 | [USDA Reports Flash](https://feedsoft.ai/events/71937-usda-reports-flash.md) | +0.5% | +0.6% |
| CORN | 2017-11-09 | [USDA Reports Flash](https://feedsoft.ai/events/67929-usda-reports-flash.md) | -1.8% | -0.8% |
| CORN | 2022-10-12 | [USDA Reports Review](https://feedsoft.ai/events/39097-usda-reports-review.md) | +1.9% | -1.0% |
| CORN | 2018-09-12 | [USDA Reports Update](https://feedsoft.ai/events/62875-usda-reports-update.md) | -2.5% | -0.1% |
| CORN | 2019-08-09 | [USDA Reports Summary](https://feedsoft.ai/events/57549-usda-reports-summary.md) | -7.7% | -8.0% |
| SOY | 2017-03-09 | [USDA Reports Flash](https://feedsoft.ai/events/71937-usda-reports-flash.md) | -1.3% | -6.6% |
| SOY | 2018-09-12 | [USDA Reports Update](https://feedsoft.ai/events/62875-usda-reports-update.md) | -0.8% | +5.2% |
| SOY | 2018-10-11 | [USDA Reports Summary](https://feedsoft.ai/events/62479-usda-reports-summary.md) | +3.9% | +1.8% |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/article/2016/12/09/global-crop-stocks-raised?referrer=twitter

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