January WASDE: Higher U.S. Corn and Soy Yield and Stocks

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.

• Jan 12, 2026USDA Forecasts Record U.S. Corn Crop, Higher Ending Stocks in January WASDE Report - RFD+0.9%
• Nov 10, 2023Yield, Production and Stocks Increase Sends Corn and Soy Lower Following November WASDE+2.4%
• Jan 15, 2024WASDE update: Higher US corn and soybean supplies | articles | ING THINK+1.5%
• Sep 12, 2018USDA Pushes Corn, Soybean Yield Estimates Higher-0.8%
• May 10, 2019Higher New Corn, Soybean Ending Stocks Projected+4.9%

After 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.

• Jan 12, 2026USDA Forecasts Record U.S. Corn Crop, Higher Ending Stocks in January WASDE Report - RFD-2.8%
• Jun 18, 2026Futures Fall After June WASDE Reveals Higher Corn Stocks-1.2%
• Dec 12, 2022U.S. corn stocks rise in December WASDE+1.6%
• Nov 10, 2023Yield, Production and Stocks Increase Sends Corn and Soy Lower Following November WASDE+0.0%
• Sep 16, 2025Corn Rallies on WASDE Yield Cut; Wheat Stocks Diverge | CZ app-0.3%

After 399 past bearish report events, Soybean Meal moved a median -0.4% over 5 sessions (44% higher; middle half -2.4% to +1.2%), and -1.0% over 20.

• Jan 17, 20242023 Corn and Soybean Yields-2.1%
• Jun 29, 2018Will USDA Increase Corn, Soybean Yields in July WASDE?+2.5%
• Jul 12, 2023Record-Large Corn Crop, Higher Stockpiles Send Grain and Soy to Big Losses+5.0%
• Jan 12, 2024USDA Releases January Crop Production, WASDE, Dec. 1 Grain Stocks and Winter Wheat Seedings Reports-0.1%
• Aug 12, 2022USDA Projects Higher Soybean Yield, Lower Demand-10.9%