# Grain Markets Take USDA Report in Stride | Red River Farm Network

> Grain markets reacted to USDA's January report, with the quarterly grain stocks data having the biggest impact. Traders had bought soybeans and sold corn ahead of the report, a position that had worked before.

- Date: 2020-01-10 · published 2020-01-10T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/55021-grain-markets-take-usda-report-in-stride-red-river-farm-network
- 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

Stocks figures that were more favorable for corn and wheat than soybeans shift relative demand and price spreads across the grain complex.

## Read by commodity

- SOY: neutral
- CORN: neutral
- WHEAT: neutral

## Sources

- rrfn.com: https://www.rrfn.com/2020/01/10/grain-markets-take-usda-report-in-stride/

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