# 2018 begins with larger level of ending stocks on hand

> Outlook commentary says 2018 starts with slightly larger carryover corn and wheat stocks than expected, along with steady to firm consumption. Acreage increased, and wheat and corn ending-stock levels are described as a factor in the price outlook. Production problems earlier in 2017 were offset by record yields.

- Date: 2018-01-10 · published 2018-01-10T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/66846-2018-begins-with-larger-level-of-ending-stocks-on-hand
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Larger carryover stocks keep a lid on feed grain prices, as supply comfortably exceeds demand.

## Read by commodity

- CORN: bearish ▼
- WHEAT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2018-09-28 | [Futures mixed on larger stocks](https://feedsoft.ai/events/62994-futures-mixed-on-larger-stocks.md) | -0.4% | -1.8% |
| CORN | 2018-12-12 | [USDA raises 2019 wheat and corn ending stocks \| 2018-12-12  \| World Grain](https://feedsoft.ai/events/61509-usda-raises-2019-wheat-and-corn-ending-stocks-2018-12-12-world-grain.md) | +1.1% | +1.4% |
| CORN | 2022-06-10 | [USDA projects larger than expected U.S. winter wheat crop, unexpectedly boosts 2022-23 corn ending stocks - Pro Farmer](https://feedsoft.ai/events/40894-usda-projects-larger-than-expected-u-s-winter-wheat-crop-unexpectedly-boosts.md) | -1.2% | -1.0% |
| CORN | 2018-10-12 | [U.S.D.A. lifts 2019 ending stocks projections \| 2018-10-12  \| Food Business News](https://feedsoft.ai/events/62484-u-s-d-a-lifts-2019-ending-stocks-projections-2018-10-12-food-business-news.md) | +2.4% | +3.2% |
| CORN | 2019-04-09 | [USDA Expects Larger Corn Stocks](https://feedsoft.ai/events/11376-usda-expects-larger-corn-stocks.md) | +1.8% | -0.5% |
| WHEAT | 2025-06-01 | [North American Oat Ending Stocks Flirting with Record Low Levels](https://feedsoft.ai/events/24714-north-american-oat-ending-stocks-flirting-with-record-low-levels.md) | +2.9% | +1.7% |
| WHEAT | 2020-11-10 | [USDA Lowers Corn, Soybean and Wheat Ending Stocks](https://feedsoft.ai/events/50091-usda-lowers-corn-soybean-and-wheat-ending-stocks.md) | -2.8% | +2.5% |
| WHEAT | 2026-04-01 | [USDA leaves U.S. soybean, corn, wheat ending stocks unchanged](https://feedsoft.ai/events/20192-usda-leaves-u-s-soybean-corn-wheat-ending-stocks-unchanged.md) | -2.5% | +0.9% |

## Sources

- farmprogress.com: https://www.farmprogress.com/management/2018-begins-with-larger-level-of-ending-stocks-on-hand

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