# JANUARY 2024 WASDE REPORT SUMMARY & NOTES: - CIH

> The January 2024 WASDE raised U.S. corn production 108 million bushels on a record 177.3 bushels per acre yield, and corn ending stocks rose 31 million bushels to 2.162 billion. Global ending stocks were increased for corn, soybeans and wheat, despite South American weather concerns.

- Date: 2024-01-12 · published 2024-01-12T12:00:00.000Z
- Category: report · region Global · magnitude high
- Page: https://feedsoft.ai/events/32064-january-2024-wasde-report-summary-and-notes-cih
- 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

Record U.S. output and higher global stocks across three grains point to bearish feed grain pricing through the coming marketing year.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2026-01-12 | [January 2026 WASDE REPORT SUMMARY AND NOTES: - CIH](https://feedsoft.ai/events/7096-january-2026-wasde-report-summary-and-notes-cih.md) | -2.8% | -1.7% |
| CORN | 2024-03-08 | [MARCH 2024 WASDE REPORT SUMMARY AND NOTES: - CIH](https://feedsoft.ai/events/31131-march-2024-wasde-report-summary-and-notes-cih.md) | -0.3% | -3.1% |
| CORN | 2023-09-12 | [SEPTEMBER 2023 WASDE REPORT SUMMARY & NOTES: - CIH](https://feedsoft.ai/events/34041-september-2023-wasde-report-summary-and-notes-cih.md) | -8.6% | -6.6% |
| CORN | 2025-08-12 | [AUGUST 2025 WASDE REPORT SUMMARY AND NOTES: - CIH](https://feedsoft.ai/events/23275-august-2025-wasde-report-summary-and-notes-cih.md) | +0.0% | +4.3% |
| CORN | 2026-01-12 | [January WASDE Review](https://feedsoft.ai/events/20997-january-wasde-review.md) | -2.8% | -1.7% |
| SOY | 2026-01-12 | [January 2026 WASDE REPORT SUMMARY AND NOTES: - CIH](https://feedsoft.ai/events/7096-january-2026-wasde-report-summary-and-notes-cih.md) | +0.9% | +5.9% |
| SOY | 2024-02-08 | [February 2024 WASDE Report Summary and Notes - CIH](https://feedsoft.ai/events/31632-february-2024-wasde-report-summary-and-notes-cih.md) | -1.6% | -2.7% |
| SOY | 2026-01-12 | [January WASDE Review](https://feedsoft.ai/events/20997-january-wasde-review.md) | +0.9% | +5.9% |

## Sources

- cihedging.com: https://www.cihedging.com/posts/articles/january-2024-wasde-report-summary-notes/

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