# Report friendly for corn, neutral to lower for soybeans – Ohio Ag Net | Ohio's Country Journal

> USDA's December WASDE report cut U.S. corn ending stocks to 2.437 billion bushels from 2.487 billion, as ethanol corn use rose 50 million bushels. Soybean ending stocks rose to 445 million bushels and the report left U.S. corn and soybean production unchanged.

- Date: 2017-12-12 · published 2017-12-12T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/67415-report-friendly-for-corn-neutral-to-lower-for-soybeans-ohio-ag-net-ohio-s
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Lower corn stocks are mildly supportive, while higher soybean stocks signal weaker demand and pressure soybean prices. Prices moved only slightly after the release, so the report had limited impact.

## Read by commodity

- SOY: bearish ▼
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2018-02-08 | [Report confusing, negative numbers not killing soybeans – Ohio Ag Net \| Ohio's Country Journal](https://feedsoft.ai/events/66446-report-confusing-negative-numbers-not-killing-soybeans-ohio-ag-net-ohio-s.md) | +0.2% | +2.3% |
| CORN | 2017-01-12 | [Mixed results from big January report – Ohio Ag Net \| Ohio's Country Journal](https://feedsoft.ai/events/72938-mixed-results-from-big-january-report-ohio-ag-net-ohio-s-country-journal.md) | +0.1% | +1.9% |
| CORN | 2019-09-30 | [USDA Releases Market-Friendly Data for Corn and Soybeans](https://feedsoft.ai/events/57009-usda-releases-market-friendly-data-for-corn-and-soybeans.md) | -0.9% | +1.1% |
| CORN | 2026-04-11 | [Soybeans up and corn down in planting report - High Plains Journal](https://feedsoft.ai/events/19799-soybeans-up-and-corn-down-in-planting-report-high-plains-journal.md) | +1.7% | +3.2% |
| CORN | 2022-03-31 | [USDA Report Bullish for Corn, Bearish for Soybeans](https://feedsoft.ai/events/42296-usda-report-bullish-for-corn-bearish-for-soybeans.md) | +4.1% | +5.9% |
| SOY | 2017-05-10 | [Not bearish, neutral to friendly – Ohio Ag Net \| Ohio's Country Journal](https://feedsoft.ai/events/70937-not-bearish-neutral-to-friendly-ohio-ag-net-ohio-s-country-journal.md) | +1.1% | -3.6% |
| SOY | 2019-03-11 | [USDA Reports Review – Ohio Ag Net \| Ohio's Country Journal](https://feedsoft.ai/events/60040-usda-reports-review-ohio-ag-net-ohio-s-country-journal.md) | +2.9% | +1.7% |
| SOY | 2024-11-19 | [Brazil and its sea of soybeans – Ohio Ag Net \| Ohio's Country Journal](https://feedsoft.ai/events/13536-brazil-and-its-sea-of-soybeans-ohio-ag-net-ohio-s-country-journal.md) | -2.4% | -3.3% |

## Sources

- ocj.com: https://ocj.com/2017/12/report-a-touch-friendly-for-corn-neutral-to-lower-for-soybeans/

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