# Grain market steady after USDA report - Farmers Weekly

> UK grain markets held steady after the December 9 USDA WASDE, which left US maize, wheat and soybean balances unchanged but raised global wheat ending stocks by over 3 million tonnes to 252.1 million tonnes. Global maize production was lifted by 9.2 million tonnes to a record 1,039.7 million tonnes. The May 2017 UK feed wheat futures fell just 40p/t on the week.

- Date: 2016-12-12 · published 2016-12-12T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/73541-grain-market-steady-after-usda-report-farmers-weekly
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Largely expected production increases, including record maize, kept the market flat and limit near-term price moves for feed grains. Buyers face ample supply and little price pressure from the report.

## Read by commodity

- SOY: neutral
- CORN: neutral
- WHEAT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2017-11-13 | [Weekly Market Report: 11/10/17 – Oklahoma Farm & Ranch](https://feedsoft.ai/events/6094-weekly-market-report-11-10-17-oklahoma-farm-and-ranch.md) | +1.0% | -3.1% |
| WHEAT | 2019-02-22 | [Grain market week in review, Feb. 22, 2019](https://feedsoft.ai/events/11851-grain-market-week-in-review-feb-22-2019.md) | -3.7% | +0.5% |
| WHEAT | 2021-06-10 | [Corn stocks cut in USDA WASDE report - Grainews](https://feedsoft.ai/events/46509-corn-stocks-cut-in-usda-wasde-report-grainews.md) | +5.7% | -5.3% |
| WHEAT | 2020-03-16 | [Market Trends for March & April - Grain Farmers of Ontario](https://feedsoft.ai/events/7428-market-trends-for-march-and-april-grain-farmers-of-ontario.md) | -3.2% | -5.5% |
| WHEAT | 2019-04-02 | [Grain Market Update 3rd April - Irish Farmers' Association](https://feedsoft.ai/events/59663-grain-market-update-3rd-april-irish-farmers-association.md) | +3.6% | -3.1% |
| CORN | 2024-07-15 | [Farm Futures afternoon market report](https://feedsoft.ai/events/9367-farm-futures-afternoon-market-report.md) | -1.5% | -2.1% |
| CORN | 2019-12-16 | [Market Trends Report for December & January - Grain Farmers of Ontario](https://feedsoft.ai/events/9223-market-trends-report-for-december-and-january-grain-farmers-of-ontario.md) | +4.2% | +4.8% |
| CORN | 2019-12-04 | [USDA report: Grain, hay prices up during fall - Mid-West Farm Report](https://feedsoft.ai/events/55650-usda-report-grain-hay-prices-up-during-fall-mid-west-farm-report.md) | -3.9% | +1.5% |

## Sources

- fwi.co.uk: https://www.fwi.co.uk/business/markets-and-trends/crop-prices/grain-market-steady-usda-report

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