# January WASDE report very bearish | The Western Producer

> Nearby corn futures fell 23 cents per bushel, soybeans fell 15 cents and wheat dropped about 5 cents after USDA's January WASDE. USDA pegged harvested corn area at 91.3 million acres, a 1.3 million acre increase, and forecast record production of 17 billion bushels with ending stocks at 2.23 billion bushels.

- Date: 2026-01-12 · published 2026-01-12T12:00:00.000Z
- Category: report · region US · magnitude high
- Page: https://feedsoft.ai/events/20995-january-wasde-report-very-bearish-the-western-producer
- 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 corn area and yield increase boosts supply well beyond demand growth, leaving the highest stocks in seven years and pressuring feed grain prices.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2023-11-09 | [USDA surprises trade with latest report \| The Western Producer](https://feedsoft.ai/events/33115-usda-surprises-trade-with-latest-report-the-western-producer.md) | -1.5% | -1.0% |
| CORN | 2026-04-10 | [CBOT review: Soybeans rise with soymeal \| The Western Producer](https://feedsoft.ai/events/11662-cbot-review-soybeans-rise-with-soymeal-the-western-producer.md) | +1.0% | +2.2% |
| CORN | 2024-01-12 | [PF Report Reaction: Bearish reaction to USDA's barrage of January data - Pro Farmer](https://feedsoft.ai/events/32066-pf-report-reaction-bearish-reaction-to-usda-s-barrage-of-january-data-pro-farmer.md) | -0.9% | -5.5% |
| CORN | 2024-04-11 | [April WASDE Report Brings Bearish Surprise](https://feedsoft.ai/events/30674-april-wasde-report-brings-bearish-surprise.md) | -0.4% | +0.8% |
| CORN | 2024-01-12 | [JANUARY 2024 WASDE REPORT SUMMARY & NOTES: - CIH](https://feedsoft.ai/events/32064-january-2024-wasde-report-summary-and-notes-cih.md) | -0.9% | -5.5% |
| SOY | 2023-11-09 | [USDA surprises trade with latest report \| The Western Producer](https://feedsoft.ai/events/33115-usda-surprises-trade-with-latest-report-the-western-producer.md) | +2.7% | -2.8% |
| SOY | 2019-05-30 | [China trade report tells troubled tale \| The Western Producer](https://feedsoft.ai/events/59067-china-trade-report-tells-troubled-tale-the-western-producer.md) | -0.3% | +2.6% |
| SOY | 2024-01-12 | [PF Report Reaction: Bearish reaction to USDA's barrage of January data - Pro Farmer](https://feedsoft.ai/events/32066-pf-report-reaction-bearish-reaction-to-usda-s-barrage-of-january-data-pro-farmer.md) | -1.5% | -3.9% |

## Sources

- producer.com: https://www.producer.com/news/january-wasde-report-very-bearish/

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