# USDA Releases January Crop Production, WASDE, Grain Stocks, Winter Wheat Seedings Reports

> USDA's January reports cut 2022-23 corn production by 200 million bushels to 13.730 billion, the lowest in three years, and lowered corn export demand by 150 million bushels. DTN analysts called US ending stocks estimates bullish for corn, soybeans and wheat.

- Date: 2023-01-12 · published 2023-01-12T12:00:00.000Z
- Category: report · region US · magnitude high
- Page: https://feedsoft.ai/events/13308-usda-releases-january-crop-production-wasde-grain-stocks-winter-wheat-seedings
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

A smaller crop and lower ending stocks tighten the US feed grain balance, which supports corn and feed prices, although the demand cut partly offsets it.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2024-12-10 | [USDA forecasts lower US wheat stocks, raises corn exports in latest WASDE report \| Feed & Grain](https://feedsoft.ai/events/26902-usda-forecasts-lower-us-wheat-stocks-raises-corn-exports-in-latest-wasde-report.md) | -0.2% | -0.5% |
| WHEAT | 2021-11-09 | [WASDE Report Surprises With Lower Yield, Production, Soy Stocks](https://feedsoft.ai/events/43997-wasde-report-surprises-with-lower-yield-production-soy-stocks.md) | +1.8% | +0.7% |
| WHEAT | 2026-07-14 | [Historic Wheat Production Decline, Tighter Corn Supplies Highlight USDA's July WASDE Report - ProAg](https://feedsoft.ai/events/18276-historic-wheat-production-decline-tighter-corn-supplies-highlight-usda-s-july.md) | +4.5% | +1.1% |
| WHEAT | 2021-08-17 | [USDA slashes global wheat production - Grain Central](https://feedsoft.ai/events/45538-usda-slashes-global-wheat-production-grain-central.md) | +0.1% | +3.4% |
| WHEAT | 2017-05-11 | [Rural News Crop report pegs cut in global wheat production next year, but record stocks set to remain](https://feedsoft.ai/events/70950-rural-news-crop-report-pegs-cut-in-global-wheat-production-next-year-but-record.md) | -2.4% | +0.8% |
| CORN | 2023-02-08 | [USDA Releases February Crop Production, WASDE Reports](https://feedsoft.ai/events/37262-usda-releases-february-crop-production-wasde-reports.md) | -0.3% | -4.2% |
| CORN | 2023-01-12 | [Corn and soybean production down in 2022, USDA reports
Corn stocks down, soybean stocks down from year earlier
Winter Wheat Seedings up for 2023](https://feedsoft.ai/events/13303-corn-and-soybean-production-down-in-2022-usda-reports-corn-stocks-down-soybean.md) | +2.2% | +2.2% |
| CORN | 2024-09-30 | [USDA Releases Sept. 1 Grain Stocks, Small Grains Summary Reports](https://feedsoft.ai/events/28259-usda-releases-sept-1-grain-stocks-small-grains-summary-reports.md) | +1.0% | -0.6% |

## Sources

- agriculture.com: https://www.agriculture.com/news/crops/usda-finds-domestic-supplies-lower-for-corn-soy-and-wheat-in-latest-report?did=7980315-20230112&lctg=694dde54d8d90129d6e3c4fa48b7f7e1e1c408e1
- agri-pulse.com: https://www.agri-pulse.com/articles/18714-usda-sees-tighter-corn-soybean-and-wheat-stocks
- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/article/2023/01/12/usda-releases-january-crop-wasde

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