# USDA welcomes New Year with very little fanfare - Grain Central

> USDA's January WASDE raised the US national corn yield to 10.55 t/ha from 10.48 and also lifted soybean yield, contrary to market expectations for a cut. Brazil and Argentina corn was unchanged at 101 and 50 million tonnes, and Russian corn rose 0.5 million tonnes.

- Date: 2020-01-14 · published 2020-01-14T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/55033-usda-welcomes-new-year-with-very-little-fanfare-grain-central
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

A higher US yield and bigger global output loosen corn and soybean supply, which is bearish for feed grain prices.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2020-05-13 | [USDA forecasts intense competition on wheat, corn - Grain Central](https://feedsoft.ai/events/53176-usda-forecasts-intense-competition-on-wheat-corn-grain-central.md) | -0.3% | +1.5% |
| CORN | 2017-08-15 | [The bears are back in town… - Grain Central](https://feedsoft.ai/events/69417-the-bears-are-back-in-town-grain-central.md) | -3.4% | -5.0% |
| CORN | 2022-01-12 | [Daily Market Wire 13 January 2022 - Grain Central](https://feedsoft.ai/events/43098-daily-market-wire-13-january-2022-grain-central.md) | -2.6% | +3.6% |
| CORN | 2019-05-12 | [Daily Market Wire 13 May 2019 - Grain Central](https://feedsoft.ai/events/5739-daily-market-wire-13-may-2019-grain-central.md) | +6.9% | +11.9% |
| CORN | 2026-10-15 | [USDA Raises Feed Grain Supply; Board Holds Without New Quotes \| The Ration](https://feedsoft.ai/events/569-usda-raises-feed-grain-supply-board-holds-without-new-quotes-the-ration.md) | -1.3% | — |
| SOY | 2017-08-15 | [The bears are back in town… - Grain Central](https://feedsoft.ai/events/69417-the-bears-are-back-in-town-grain-central.md) | +0.8% | +2.0% |
| SOY | 2019-05-12 | [Daily Market Wire 13 May 2019 - Grain Central](https://feedsoft.ai/events/5739-daily-market-wire-13-may-2019-grain-central.md) | +3.1% | +7.7% |
| SOY | 2018-06-27 | [Daily Market Wire 29 June 2018 - Grain Central](https://feedsoft.ai/events/8585-daily-market-wire-29-june-2018-grain-central.md) | -2.7% | -0.7% |

## Sources

- graincentral.com: https://www.graincentral.com/markets/usda-welcomes-new-year-with-very-little-fanfare/

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