# USDA leaves U.S. crop data unchanged

> USDA's December report left U.S. corn, soybean and wheat supply projections largely unchanged, which disappointed soybean traders who expected a small cut in ending stocks. Soybean and corn futures slipped after the release, while winter wheat barely moved.

- Date: 2016-12-09 · published 2016-12-09T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/73427-usda-leaves-u-s-crop-data-unchanged
- 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

Traders had priced in a tighter soybean balance sheet, so the unchanged figure removes a bullish expectation and puts pressure on soybean and corn prices.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2017-04-11 | [USDA: More corn for ethanol, less for feed, ending stocks unchanged](https://feedsoft.ai/events/71443-usda-more-corn-for-ethanol-less-for-feed-ending-stocks-unchanged.md) | +0.5% | +2.5% |
| SOY | 2018-11-08 | [USDA cuts corn, soybean crops](https://feedsoft.ai/events/61984-usda-cuts-corn-soybean-crops.md) | +0.3% | +5.6% |
| SOY | 2025-11-14 | [Corn, soybeans plunge after USDA data undercuts bulls](https://feedsoft.ai/events/21886-corn-soybeans-plunge-after-usda-data-undercuts-bulls.md) | -0.8% | -4.9% |
| SOY | 2024-08-12 | [USDA Forecasts Record Soybean Crop](https://feedsoft.ai/events/28713-usda-forecasts-record-soybean-crop.md) | -8.7% | -2.7% |
| SOY | 2020-08-12 | [USDA Expects Record Corn Crop](https://feedsoft.ai/events/51548-usda-expects-record-corn-crop.md) | +3.9% | +11.6% |
| CORN | 2020-07-10 | [U.S. Corn, Soybean Yield Estimates Unchanged, USDA Reports](https://feedsoft.ai/events/11494-u-s-corn-soybean-yield-estimates-unchanged-usda-reports.md) | -4.9% | -7.5% |
| CORN | 2017-04-11 | [USDA: More corn for ethanol, less for feed, ending stocks unchanged](https://feedsoft.ai/events/71443-usda-more-corn-for-ethanol-less-for-feed-ending-stocks-unchanged.md) | -1.1% | +0.9% |
| CORN | 2022-12-09 | [USDA’s WASDE leaves most grain and oilseed estimates unchanged \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/38185-usda-s-wasde-leaves-most-grain-and-oilseed-estimates-unchanged-agri-pulse.md) | +1.9% | +2.9% |

## Sources

- farmprogress.com: https://www.farmprogress.com/marketing/usda-leaves-u-s-crop-data-unchanged

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