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The January 2025 WASDE cut 2024/25 corn ending stocks to 1.54 billion bushels, nearly 200 million lower than December, on a sharp production drop. March corn futures settled 14.5 cents higher after the report, and sugar and crude markets were also mentioned.
Lower corn ending stocks tighten feed grain supplies and support corn prices, raising feed costs for buyers.
mckeany-flavell.comInfo DepartmentJan 13, 2025After 1,040 past bullish report events, Corn moved a median +0.5% over 5 sessions (62% higher; middle half -0.9% to +2.0%), and +0.8% over 20.
After 56 past neutral report events, Crude Oil (WTI) moved a median +0.0% over 5 sessions (50% higher; middle half -2.7% to +2.5%), and +0.8% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
