# Markets breathe easy with neutral WASDE report | 2020-01-10  | Agri-Pulse Communications, Inc.

> USDA's January WASDE raised corn production to 13.69 billion bushels, offset by a 300,000-acre cut in harvested corn area, leaving ending stocks at 1.89 billion bushels. Soybean harvested area was lowered 600,000 acres to 75 million, with production at 3.558 billion bushels and ending stocks unchanged at 475 million bushels.

- Date: 2020-01-10 · published 2020-01-10T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/55019-markets-breathe-easy-with-neutral-wasde-report-2020-01-10-agri-pulse
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

The report was largely neutral, so feed grain and soymeal prices showed little new supply pressure beyond existing ample stocks.

## Read by commodity

- SBM: neutral
- SOY: neutral
- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2020-06-11 | [June USDA report on par with trade expectations \| 2020-06-11  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/52553-june-usda-report-on-par-with-trade-expectations-2020-06-11-agri-pulse.md) | +1.0% | +5.3% |
| CORN | 2018-12-12 | [Few surprises in last WASDE of 2018 \| 2018-12-11 \| Agri-Pulse \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/61508-few-surprises-in-last-wasde-of-2018-2018-12-11-agri-pulse-agri-pulse.md) | +1.1% | +1.4% |
| CORN | 2020-09-02 | [Corn market still mulling impacts of derecho, Chinese buying spree \| 2020-09-01  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/51137-corn-market-still-mulling-impacts-of-derecho-chinese-buying-spree-2020-09-01.md) | +0.4% | +5.4% |
| CORN | 2021-06-10 | [Minor changes in June WASDE, traders turn attention to dry weather  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/46507-minor-changes-in-june-wasde-traders-turn-attention-to-dry-weather-agri-pulse.md) | -1.8% | -2.6% |
| CORN | 2020-03-11 | [Study: US farms in better shape due to MFP, but many still face red ink \| 2020-03-10  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/54122-study-us-farms-in-better-shape-due-to-mfp-but-many-still-face-red-ink-2020-03.md) | -6.0% | -3.6% |
| SOY | 2019-03-08 | [Trade turns to weather as potential market mover \| 2019-03-08 \| Agri-Pulse \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/60044-trade-turns-to-weather-as-potential-market-mover-2019-03-08-agri-pulse-agri.md) | -0.1% | +1.8% |
| SOY | 2019-05-10 | [Article Headline \| 2019-05-10 \| Agri-Pulse \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/59045-article-headline-2019-05-10-agri-pulse-agri-pulse-communications-inc.md) | +4.9% | +7.0% |
| SOY | 2018-12-12 | [Few surprises in last WASDE of 2018 \| 2018-12-11 \| Agri-Pulse \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/61508-few-surprises-in-last-wasde-of-2018-2018-12-11-agri-pulse-agri-pulse.md) | -0.8% | -2.1% |

## Sources

- agri-pulse.com: https://www.agri-pulse.com/articles/13028-markets-breathe-easy-with-neutral-wasde-report

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