# Markets mixed on USDA data

> Corn and soybeans moved between gains and losses as markets digested the USDA January reports. Winter wheat acreage was 34.4 million acres, the largest since 2016, and wheat futures fell more than 1%. Corn stayed near $6 per bushel.

- Date: 2022-01-12 · published 2022-01-12T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/43102-markets-mixed-on-usda-data
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Markets had largely priced in the South American cuts ahead of the report, so the muted response suggests limited near-term price impact from the data.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2021-05-12 | [Markets mixed on new crop estimates](https://feedsoft.ai/events/47043-markets-mixed-on-new-crop-estimates.md) | -1.5% | -4.7% |
| WHEAT | 2025-09-30 | [Grain markets react to unexpected USDA stocks data](https://feedsoft.ai/events/9840-grain-markets-react-to-unexpected-usda-stocks-data.md) | +0.4% | +5.9% |
| WHEAT | 2019-10-10 | [Mixed reports churn markets](https://feedsoft.ai/events/8768-mixed-reports-churn-markets.md) | +4.1% | +1.9% |
| WHEAT | 2019-03-08 | [Futures lower on mixed USDA news](https://feedsoft.ai/events/60035-futures-lower-on-mixed-usda-news.md) | +0.7% | -1.0% |
| WHEAT | 2018-08-10 | [Markets plunge on big crops](https://feedsoft.ai/events/8651-markets-plunge-on-big-crops.md) | -2.9% | +2.5% |
| CORN | 2019-02-08 | [Futures mixed after USDA reports](https://feedsoft.ai/events/60560-futures-mixed-after-usda-reports.md) | +0.8% | -2.1% |
| CORN | 2019-12-10 | [Grain markets yawn at latest WASDE data](https://feedsoft.ai/events/55513-grain-markets-yawn-at-latest-wasde-data.md) | +4.3% | +3.9% |
| CORN | 2019-01-01 | [Market Reaction to USDA’s August Corn Crop Reports](https://feedsoft.ai/events/60954-market-reaction-to-usda-s-august-corn-crop-reports.md) | +1.4% | +1.8% |

## Sources

- farmprogress.com: https://www.farmprogress.com/wheat/markets-mixed-on-usda-data

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