# WASDE Report Sends Corn Prices Lower on Bearish Outlook
     | Guavy

> The October WASDE report raised US new-crop corn ending stocks from 1.567 billion to 1.849 billion bushels and lifted the yield to 181.2 bushels per acre despite a 3% drop in Good/Excellent ratings. Corn fell about 20 cents, nearly hitting limit down intraday, and closed near $4.80.

- Date: 2026-11-01 · published 2026-11-01T12:05:27.263Z
- Category: report · region US · magnitude high
- Page: https://feedsoft.ai/events/8839-wasde-report-sends-corn-prices-lower-on-bearish-outlook-guavy
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Higher projected stocks and a stock-to-usage ratio near 11% signal ample supply, and US corn becoming the cheapest globally should boost exports and weigh on feed grain prices. Wheat was pulled lower alongside corn.

## Read by commodity

- CORN: bearish ▼
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2025-12-01 | [WASDE report signals continued low wheat, corn prices](https://feedsoft.ai/events/21971-wasde-report-signals-continued-low-wheat-corn-prices.md) | +0.3% | +0.3% |
| CORN | 2021-10-12 | [WASDE Report Prints Bearish Soybean Data, Sends Market Reeling](https://feedsoft.ai/events/44486-wasde-report-prints-bearish-soybean-data-sends-market-reeling.md) | +0.0% | +9.0% |
| CORN | 2024-01-15 | [Bearish Surprises for Corn and Soybeans in Latest WASDE Report](https://feedsoft.ai/events/32062-bearish-surprises-for-corn-and-soybeans-in-latest-wasde-report.md) | +0.8% | -4.7% |
| CORN | 2017-03-10 | [Crops lower in wake of bearish USDA report](https://feedsoft.ai/events/8404-crops-lower-in-wake-of-bearish-usda-report.md) | +1.9% | +0.8% |
| CORN | 2023-11-09 | [November 'WASDE' Report: Steady Cattle Prices Forecast; Corn Prices Lowered \| Cattle Range News](https://feedsoft.ai/events/33328-november-wasde-report-steady-cattle-prices-forecast-corn-prices-lowered-cattle.md) | -1.5% | -1.0% |
| WHEAT | 2025-12-01 | [WASDE report signals continued low wheat, corn prices](https://feedsoft.ai/events/21971-wasde-report-signals-continued-low-wheat-corn-prices.md) | +1.9% | +0.7% |
| WHEAT | 2025-05-12 | [Canada Know-Risk Market Outlook \| WASDE Friendly Corn and Soybeans, Bearish Wheat](https://feedsoft.ai/events/24609-canada-know-risk-market-outlook-wasde-friendly-corn-and-soybeans-bearish-wheat.md) | -0.1% | -2.0% |
| WHEAT | 2026-01-12 | [January WASDE report very bearish \| The Western Producer](https://feedsoft.ai/events/20995-january-wasde-report-very-bearish-the-western-producer.md) | +0.2% | +2.0% |

## Sources

- guavy.com: https://guavy.com/wire/commodities/wasde-report-sends-corn-prices-lower-on-bearish-outlook-5VkurEKJNCFBb4r2e2MhNG

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