# High Plains Ag Week 1/10/2020 - Ag Economics on the Plains

> The January WASDE raised US corn yield per harvested acre from 167 to 168 bushels, keeping ending stocks above 2 billion bushels. Cotton harvested area fell 5%, lifting the season average cotton price 3.3%. Wheat feed and residual use was significantly revised up.

- Date: 2020-01-10 · published 2020-01-10T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/55025-high-plains-ag-week-1-10-2020-ag-economics-on-the-plains
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Corn ending stocks above 2 billion bushels keep corn prices pressured, while the increase in wheat feed use reduces wheat supply available for other uses.

## Read by commodity

- CORN: bearish ▼
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-08-14 | [High Plains Ag Week 8/15/2019 - Ag Economics on the Plains](https://feedsoft.ai/events/7609-high-plains-ag-week-8-15-2019-ag-economics-on-the-plains.md) | -1.2% | -4.0% |
| CORN | 2025-07-02 | [Analyzing the June Acreage Report - Ag Economics on the Plains](https://feedsoft.ai/events/23814-analyzing-the-june-acreage-report-ag-economics-on-the-plains.md) | -3.1% | -4.1% |
| CORN | 2020-04-17 | [Federal Reserve-Observations on the Ag Economy-April 2020 - ProAg](https://feedsoft.ai/events/6056-federal-reserve-observations-on-the-ag-economy-april-2020-proag.md) | -0.9% | -1.5% |
| CORN | 2019-09-10 | [Federal Reserve: Observations on the Ag Economy- August 2019 - Farm Policy News](https://feedsoft.ai/events/6596-federal-reserve-observations-on-the-ag-economy-august-2019-farm-policy-news.md) | +6.7% | +9.3% |
| CORN | 2024-08-23 | [Plenty of supply on hand WASDE says - High Plains Journal](https://feedsoft.ai/events/28823-plenty-of-supply-on-hand-wasde-says-high-plains-journal.md) | +0.2% | +6.1% |
| WHEAT | 2022-04-15 | [Does $10 wheat mean more acres? - High Plains Journal](https://feedsoft.ai/events/41898-does-10-wheat-mean-more-acres-high-plains-journal.md) | -0.7% | +7.2% |
| WHEAT | 2019-01-16 | [Federal Reserve: Observations on the Ag Economy- January 2019 - Farm Policy News](https://feedsoft.ai/events/12391-federal-reserve-observations-on-the-ag-economy-january-2019-farm-policy-news.md) | +3.6% | +2.9% |
| WHEAT | 2020-04-10 | [April WASDE shows impact of COVID-19 - High Plains Journal](https://feedsoft.ai/events/53606-april-wasde-shows-impact-of-covid-19-high-plains-journal.md) | -0.7% | -0.4% |

## Sources

- agrilife.org: https://agrilife.org/agecon/high-plains-ag-week-1-10-2020/

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