# January grain reports both good and bad - Farm and Dairy

> USDA's January reports left 2017 corn production at 15.148 billion bushels with yield at 174.6 bpa, and corn ending stocks rose two million bushels. Soybean production was 4.296 billion bushels with a 52-bushel yield and ending stocks slipped to 301 million bushels. March corn futures hit a new contract low before a small rebound.

- Date: 2018-01-16 · published 2018-01-16T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/9198-january-grain-reports-both-good-and-bad-farm-and-dairy
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Large corn supplies and a sizable carryout keep corn prices under pressure, while the nearly unchanged soybean balance sheet offers limited new price direction.

## Read by commodity

- SOY: neutral
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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% |
| CORN | 2017-02-10 | [Daily Grain Report](https://feedsoft.ai/events/72451-daily-grain-report.md) | +0.6% | -1.5% |
| 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 | 2022-12-12 | [Market Trends Report – December 2022 & January 2023 - Grain Farmers of Ontario](https://feedsoft.ai/events/5518-market-trends-report-december-2022-and-january-2023-grain-farmers-of-ontario.md) | +1.6% | +2.6% |
| 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% |
| 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% |
| 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 | 2022-12-12 | [Market Trends Report – December 2022 & January 2023 - Grain Farmers of Ontario](https://feedsoft.ai/events/5518-market-trends-report-december-2022-and-january-2023-grain-farmers-of-ontario.md) | -0.3% | +1.8% |

## Sources

- farmanddairy.com: https://www.farmanddairy.com/columns/january-grain-reports-both-good-and-bad/465656.html

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