# USDA raises U.S. corn, soybean ending stocks - Brownfield Ag News

> USDA raised 2016/17 U.S. corn ending stocks to 2.403 billion bushels and soybean ending stocks to 480 million bushels, both up from October. The agency also increased corn ethanol use to 5.3 billion bushels and soybean export demand to 2.05 billion bushels, and raised its price outlooks for corn and soybeans. Wheat ending stocks were pegged at 1.143 billion bushels.

- Date: 2016-11-09 · published 2016-11-09T12:00:00.000Z
- Category: report · region US · magnitude high
- Page: https://feedsoft.ai/events/73820-usda-raises-u-s-corn-soybean-ending-stocks-brownfield-ag-news
- 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

Higher carryout means more surplus supply for the 2016/17 marketing year, which pressures futures and farm prices. Stronger ethanol and export demand partly offsets the bearish stocks increase.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2018-08-10 | [USDA raises new crop U.S. corn, soybean ending stocks - Brownfield Ag News](https://feedsoft.ai/events/63479-usda-raises-new-crop-u-s-corn-soybean-ending-stocks-brownfield-ag-news.md) | -7.5% | -9.1% |
| CORN | 2018-01-12 | [USDA increases U.S. corn, soybean, wheat ending stocks estimates - Brownfield Ag News](https://feedsoft.ai/events/66935-usda-increases-u-s-corn-soybean-wheat-ending-stocks-estimates-brownfield-ag-news.md) | +1.7% | +3.5% |
| CORN | 2017-09-12 | [USDA raises corn, soybean production, yield estimates - Brownfield Ag News](https://feedsoft.ai/events/68802-usda-raises-corn-soybean-production-yield-estimates-brownfield-ag-news.md) | +0.9% | +3.8% |
| CORN | 2017-10-12 | [USDA raises 2017 corn guess, lowers soybeans - Brownfield Ag News](https://feedsoft.ai/events/68314-usda-raises-2017-corn-guess-lowers-soybeans-brownfield-ag-news.md) | -0.0% | -3.8% |
| CORN | 2025-04-10 | [CONAB raises Brazil soybean, corn crop estimates - Brownfield Ag News](https://feedsoft.ai/events/13499-conab-raises-brazil-soybean-corn-crop-estimates-brownfield-ag-news.md) | +3.1% | -3.3% |
| SOY | 2018-08-10 | [USDA raises new crop U.S. corn, soybean ending stocks - Brownfield Ag News](https://feedsoft.ai/events/63479-usda-raises-new-crop-u-s-corn-soybean-ending-stocks-brownfield-ag-news.md) | -0.3% | -6.3% |
| SOY | 2018-01-12 | [USDA increases U.S. corn, soybean, wheat ending stocks estimates - Brownfield Ag News](https://feedsoft.ai/events/66935-usda-increases-u-s-corn-soybean-wheat-ending-stocks-estimates-brownfield-ag-news.md) | +3.9% | +4.5% |
| SOY | 2017-09-12 | [USDA raises corn, soybean production, yield estimates - Brownfield Ag News](https://feedsoft.ai/events/68802-usda-raises-corn-soybean-production-yield-estimates-brownfield-ag-news.md) | +1.4% | +1.3% |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/news/usda-raises-u-s-corn-soybean-ending-stocks/

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