# Market Trends Report – December 2022 & January 2023 - Grain Farmers of Ontario

> The Grain Farmers of Ontario report says the December 9 WASDE cut US corn export demand by 75 million bushels, raising ending stocks to 1.257 billion bushels. Soybean numbers were unchanged, with ending stocks at 220 million bushels.

- Date: 2022-12-12 · published 2022-12-12T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/5518-market-trends-report-december-2022-and-january-2023-grain-farmers-of-ontario
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Lower US corn export demand and higher stocks are bearish for corn prices, while unchanged soybean balances leave soy prices driven by export demand.

## Read by commodity

- SOY: neutral
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2022-01-17 | [Market Trends Report – January & February 2022 - Grain Farmers of Ontario](https://feedsoft.ai/events/11815-market-trends-report-january-and-february-2022-grain-farmers-of-ontario.md) | -0.5% | +6.0% |
| CORN | 2018-01-15 | [Market trends report for January-February 2018 - Grain Farmers of Ontario](https://feedsoft.ai/events/9199-market-trends-report-for-january-february-2018-grain-farmers-of-ontario.md) | +2.3% | +3.3% |
| CORN | 2018-12-14 | [Grain Market Report 13th December - Irish Farmers' Association](https://feedsoft.ai/events/7511-grain-market-report-13th-december-irish-farmers-association.md) | +0.5% | +0.1% |
| CORN | 2021-09-13 | [Market Trends Report – September & October 2021](https://feedsoft.ai/events/12293-market-trends-report-september-and-october-2021.md) | +0.1% | -3.1% |
| CORN | 2022-01-27 | [Grain Transportation Report, January 27, 2022](https://feedsoft.ai/events/16738-grain-transportation-report-january-27-2022.md) | +1.7% | +10.2% |
| SOY | 2019-12-16 | [Market Trends Report for December & January - Grain Farmers of Ontario](https://feedsoft.ai/events/9223-market-trends-report-for-december-and-january-grain-farmers-of-ontario.md) | +2.3% | +2.3% |
| SOY | 2023-12-28 | [Grain Transportation Report, December 28, 2023](https://feedsoft.ai/events/16577-grain-transportation-report-december-28-2023.md) | -4.2% | -8.2% |
| SOY | 2025-01-23 | [Grain Transportation Report, January 23, 2025](https://feedsoft.ai/events/16476-grain-transportation-report-january-23-2025.md) | +0.4% | -1.0% |

## Sources

- gfo.ca: https://gfo.ca/market-trends/market-trends-report-december-2022-january-2023/

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