# USDA WASDE Report at a Glance

> The October 2016 WASDE cut US corn production 36 million bushels to 15.057 billion on lower yields, which trimmed 2016/17 supplies. Soybean production rose 68 million bushels on higher yields to 4,269 million. Wheat ending stocks for 2016/17 were raised 38 million bushels.

- Date: 2016-10-13 · published 2016-10-13T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/9407-usda-wasde-report-at-a-glance
- 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

The smaller corn crop supports feed grain prices, while the larger soybean crop and higher wheat stocks add bearish pressure. Feed buyers face mixed signals across grains.

## Read by commodity

- SOY: bearish ▼
- CORN: bullish ▲
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 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) | -1.8% | -2.6% |
| CORN | 2019-06-20 | [June WASDE Report Released](https://feedsoft.ai/events/58536-june-wasde-report-released.md) | +1.9% | -2.0% |
| CORN | 2021-04-09 | [USDA’s WASDE report confirms corn stocks are shrinking](https://feedsoft.ai/events/47547-usda-s-wasde-report-confirms-corn-stocks-are-shrinking.md) | +1.1% | +23.4% |
| CORN | 2024-05-10 | [What You Need to Know About USDA's May WASDE Report - AgWeb](https://feedsoft.ai/events/13182-what-you-need-to-know-about-usda-s-may-wasde-report-agweb.md) | +2.4% | +2.7% |
| CORN | 2022-08-12 | [USDA Reports Review](https://feedsoft.ai/events/13340-usda-reports-review.md) | -0.7% | -1.6% |
| SOY | 2023-07-16 | [Was the July WASDE Report a Gift From the USDA?](https://feedsoft.ai/events/7053-was-the-july-wasde-report-a-gift-from-the-usda.md) | +0.4% | -6.3% |
| SOY | 2017-06-12 | [USDA Releases Latest WASDE Report](https://feedsoft.ai/events/70425-usda-releases-latest-wasde-report.md) | -0.3% | +8.4% |
| SOY | 2021-06-10 | [USDA Report Recap](https://feedsoft.ai/events/46510-usda-report-recap.md) | -7.3% | -11.0% |

## Sources

- agnetwest.com: https://agnetwest.com/usda-wasde-report-glance/

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