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Iowa Farm Bureau analysis of the January 10 WASDE shows US 2024/25 corn ending stocks at 1,540 million bushels and soybean ending stocks down 90 million bushels from December. Both were below trade expectations, and wheat ending stocks rose 3 million bushels to 798 million.
Lower projected ending stocks for corn and soybeans signal tighter supplies through the 2024/25 marketing year, supporting feed grain and meal prices.
iowafarmbureau.comAlex Robinson, Research Economist, Decision Innovation Solutions on behalf of Iowa Farm BureauJan 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 747 past bullish report events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +2.1%), 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.
