# USDA Forecast Cuts Drive Volatility in Global Grain Markets

> The November WASDE cut US soybean ending stocks to 300 million bushels, a four-year low, and lowered the corn yield by 1.6 bushels per acre to 179.6. January soybean futures rose more than 35 cents to $12.24 and December corn climbed to $4.51.

- Date: 2026-11-11 · published 2026-11-12T00:17:32.798Z
- Category: report · region US · magnitude high
- Page: https://feedsoft.ai/events/94471-usda-forecast-cuts-drive-volatility-in-global-grain-markets
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Tighter US soybean and corn stocks reduce export availability and support prices across grain and feed markets. Mexican importers face higher costs as North American supplies tighten.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2025-01-13 | [Cuts to US and global corn and soy inventory forecasts](https://feedsoft.ai/events/26455-cuts-to-us-and-global-corn-and-soy-inventory-forecasts.md) | +2.0% | +3.6% |
| SOY | 2021-07-15 | [Markets Eye Forecast for Northern Plains \| Feed & Grain](https://feedsoft.ai/events/46150-markets-eye-forecast-for-northern-plains-feed-and-grain.md) | -1.9% | -4.2% |
| SOY | 2020-10-06 | [USDA drops a bombshell and the markets explode - Grain Central](https://feedsoft.ai/events/11634-usda-drops-a-bombshell-and-the-markets-explode-grain-central.md) | +1.2% | +2.9% |
| SOY | 2018-02-23 | [USDA sees mixed crop forecasts in 2018 \| World-grain.com \| February 23, 2018 15:54 \| World Grain](https://feedsoft.ai/events/66354-usda-sees-mixed-crop-forecasts-in-2018-world-grain-com-february-23-2018-15-54.md) | +2.5% | -0.2% |
| 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% |
| CORN | 2025-01-13 | [Cuts to US and global corn and soy inventory forecasts](https://feedsoft.ai/events/26455-cuts-to-us-and-global-corn-and-soy-inventory-forecasts.md) | +1.7% | +1.8% |
| CORN | 2024-10-17 | [USDA forecasts rise in corn and sorghum exports amid global shortages \| Feed & Grain](https://feedsoft.ai/events/27919-usda-forecasts-rise-in-corn-and-sorghum-exports-amid-global-shortages-feed-and.md) | +2.1% | +2.9% |
| CORN | 2020-12-03 | [USDA Grain Stocks & WASDE Shock Markets \| Feed & Grain](https://feedsoft.ai/events/49679-usda-grain-stocks-and-wasde-shock-markets-feed-and-grain.md) | +0.0% | +3.9% |

## Sources

- mexicobusiness.news: https://mexicobusiness.news/agribusiness/news/usda-forecast-cuts-drive-volatility-global-grain-markets

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