# Grain markets less bearish on forecasted lower stocks | Country Today | leadertelegram.com

> The USDA's May 10 WASDE report showed higher soybean exports and significantly lower ending stocks than expected, at about 480 million bushels. Soybean yield is forecast at 48 bushels per acre, versus 52 last year. The 2017-18 season-average price range was forecast at $8.30 to $10.30 per bushel.

- Date: 2017-05-15 · published 2017-05-15T12:00:00.000Z
- Category: report · region US · magnitude high
- Page: https://feedsoft.ai/events/8490-grain-markets-less-bearish-on-forecasted-lower-stocks-country-today
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

A tighter-than-expected US soybean balance sheet, driven by strong demand from China, supports soybean and soybean meal prices.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2025-05-15 | [USDA forecasts lower US soybean stocks, record crush for 2025/26 \| Feed & Grain](https://feedsoft.ai/events/24760-usda-forecasts-lower-us-soybean-stocks-record-crush-for-2025-26-feed-and-grain.md) | -0.4% | -2.3% |
| SOY | 2020-12-03 | [Ag Markets Surprised by Stocks Report \| Feed & Grain](https://feedsoft.ai/events/49582-ag-markets-surprised-by-stocks-report-feed-and-grain.md) | +0.5% | +14.1% |
| SOY | 2025-09-30 | [Grain markets react to unexpected USDA stocks data](https://feedsoft.ai/events/9840-grain-markets-react-to-unexpected-usda-stocks-data.md) | +0.7% | +5.6% |
| SOY | 2026-07-11 | [CBoT wheat climbs on Ukraine war risks, bullish USDA global stocks view - Markets - Business Recorder](https://feedsoft.ai/events/7278-cbot-wheat-climbs-on-ukraine-war-risks-bullish-usda-global-stocks-view-markets.md) | +0.7% | -3.3% |
| SOY | 2020-09-30 | [Corn, soy, wheat surge on lower-than-expected U.S. grain stocks \| Financial Post](https://feedsoft.ai/events/8786-corn-soy-wheat-surge-on-lower-than-expected-u-s-grain-stocks-financial-post.md) | +5.1% | +9.0% |
| SBM | 2020-12-03 | [Ag Markets Surprised by Stocks Report \| Feed & Grain](https://feedsoft.ai/events/49582-ag-markets-surprised-by-stocks-report-feed-and-grain.md) | -1.3% | +11.5% |
| SBM | 2024-05-13 | [Soybean commentary: Futures rebound despite higher USDA stocks forecast - Fastmarkets](https://feedsoft.ai/events/13925-soybean-commentary-futures-rebound-despite-higher-usda-stocks-forecast.md) | -0.2% | -3.0% |
| SBM | 2018-05-14 | [Market Trends Commentary for May-June 2018 - Grain Farmers of Ontario](https://feedsoft.ai/events/10236-market-trends-commentary-for-may-june-2018-grain-farmers-of-ontario.md) | -1.7% | -8.2% |

## Sources

- leadertelegram.com: https://www.leadertelegram.com/country-today/front-page/grain-markets-less-bearish-on-forecasted-lower-stocks/article_543c7e49-290c-5fd7-bde7-1f5db73b69a0.html

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