# Christmas Eve for Grains

> USDA will release its January reports on Thursday, January 12, including crop production, quarterly grain stocks, winter wheat seedings and WASDE. Pre-report estimates put corn production near 15.2 billion bushels and soybean production at 4.380 billion bushels.

- Date: 2017-01-11 · published 2017-01-11T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/72942-christmas-eve-for-grains
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Pre-report expectations set the bar for the market reaction; the outcome versus these estimates drives near-term corn and soybean price moves.

## Read by commodity

- SOY: neutral
- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2016-11-17 | [Strategy of grains estimates EU acreage for wheat at](https://feedsoft.ai/events/73796-strategy-of-grains-estimates-eu-acreage-for-wheat-at.md) | +3.0% | +4.6% |
| CORN | 2024-12-03 | [Corn use for fuel alcohol rises 3% \| Feed & Grain](https://feedsoft.ai/events/27047-corn-use-for-fuel-alcohol-rises-3-feed-and-grain.md) | +3.4% | +7.0% |
| CORN | 2018-12-13 | [EU (28) grain crop estimate for 2019 from Strategy](https://feedsoft.ai/events/61505-eu-28-grain-crop-estimate-for-2019-from-strategy.md) | -0.1% | +1.1% |
| CORN | 2022-01-18 | [La Niña and Fertilizer Crisis Still Concerning for Grains \| CZ app](https://feedsoft.ai/events/43038-la-nina-and-fertilizer-crisis-still-concerning-for-grains-cz-app.md) | +2.5% | +9.1% |
| CORN | 2022-07-15 | [Focus on Canada \| World Grain](https://feedsoft.ai/events/40455-focus-on-canada-world-grain.md) | -10.7% | -8.4% |
| SOY | 2021-01-07 | [Canada's November Trade for Grains and Products](https://feedsoft.ai/events/49121-canada-s-november-trade-for-grains-and-products.md) | +3.4% | +0.5% |
| SOY | 2022-05-23 | [Grains Weekly Analysis](https://feedsoft.ai/events/14936-grains-weekly-analysis.md) | +1.6% | -1.4% |
| SOY | 2017-08-11 | [U.S. grains: Wheat falls; corn, soy firm - Grainews](https://feedsoft.ai/events/69495-u-s-grains-wheat-falls-corn-soy-firm-grainews.md) | -0.1% | +2.8% |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/article/2017/01/11/christmas-eve-grains

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