# Market trends report for January-February 2018 - Grain Farmers of Ontario

> The January USDA report raised 2017 US corn production to 14.6 billion bushels with yield at 176.6 bpa and 2017/18 corn ending stocks to 2.48 billion bushels. Soybean production came in at 4.39 billion bushels, below trade expectations, and 2017/18 soybean ending stocks were raised to 470 million bushels.

- Date: 2018-01-15 · published 2018-01-15T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/9199-market-trends-report-for-january-february-2018-grain-farmers-of-ontario
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Higher corn carryout reinforces bearish corn pricing, while a below-expectation soybean crop is mildly supportive for soybean prices despite higher ending stocks.

## Read by commodity

- SOY: bullish ▲
- 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 | 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 | 2019-02-28 | [Grain Transportation Report, February 28, 2019](https://feedsoft.ai/events/60480-grain-transportation-report-february-28-2019.md) | -0.8% | +1.1% |
| CORN | 2023-02-02 | [Grain Transportation Report, February 2, 2023](https://feedsoft.ai/events/16648-grain-transportation-report-february-2-2023.md) | +1.5% | -4.0% |
| CORN | 2024-02-29 | [Grain Transportation Report, February 29, 2024](https://feedsoft.ai/events/16567-grain-transportation-report-february-29-2024.md) | +3.7% | +3.8% |
| SOY | 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) | +3.4% | +15.7% |
| SOY | 2021-02-16 | [Market Trends Report - February & March 2021 - Grain Farmers of Ontario](https://feedsoft.ai/events/9249-market-trends-report-february-and-march-2021-grain-farmers-of-ontario.md) | +0.9% | +3.5% |
| SOY | 2018-05-14 | [Market Trends Commentary for May-June 2018 - Grain Farmers of Ontario](https://feedsoft.ai/events/10236-market-trends-commentary-for-may-june-2018-grain-farmers-of-ontario.md) | +0.4% | -4.1% |

## Sources

- gfo.ca: https://gfo.ca/market-trends/market-trends-report-for-january-february-2018/

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