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USDA's December 1 Grain Stocks report showed corn stocks at 13.3 billion bushels, up 10% year over year, and sorghum stocks up 26% to 268 million bushels. Soybean and wheat stocks also rose, while fall disappearance of corn and sorghum was strong.
Heavier corn and sorghum stocks add bearish supply pressure to feed grain prices, partly offset by strong disappearance that signals solid feed and export demand.
allagnews.comTony St. JamesJan 13, 2026After 1,102 past bearish report events, Corn moved a median -0.2% over 5 sessions (47% higher; middle half -1.8% to +1.3%), and +0.0% over 20.
Not enough comparable past events yet for a historical read.
After 788 past bearish report events, Soybeans moved a median -0.3% over 5 sessions (47% higher; middle half -2.0% to +1.5%), and -0.9% over 20.
After 1,006 past bearish report events, Wheat (SRW) moved a median +0.0% over 5 sessions (50% higher; middle half -1.6% to +1.8%), and +0.3% 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.
