# Market Trends Report for December & January - Grain Farmers of Ontario

> USDA's December 10 WASDE kept U.S. corn at 13.66 billion bushels and soybeans at 3.55 billion bushels, with yields unchanged at 167 and 46.9 bushels per acre. Corn ending stocks held at 1.91 billion bushels and soybean stocks at 475 million. Global wheat stocks were estimated at a record 289.50 MMT.

- Date: 2019-12-16 · published 2019-12-16T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/9223-market-trends-report-for-december-and-january-grain-farmers-of-ontario
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Unchanged U.S. balances mean the market awaits the January 10 report for harvest revisions. Record global wheat stocks are bearish for wheat prices.

## Read by commodity

- SOY: neutral
- CORN: neutral
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2020-03-16 | [Market Trends for March & April - Grain Farmers of Ontario](https://feedsoft.ai/events/7428-market-trends-for-march-and-april-grain-farmers-of-ontario.md) | -4.7% | -5.7% |
| CORN | 2016-12-12 | [Grain market steady after USDA report - Farmers Weekly](https://feedsoft.ai/events/73541-grain-market-steady-after-usda-report-farmers-weekly.md) | +1.3% | +1.3% |
| CORN | 2021-12-13 | [Market Report - 13 December 2021 \| AHDB](https://feedsoft.ai/events/9259-market-report-13-december-2021-ahdb.md) | -0.1% | +0.8% |
| CORN | 2023-12-28 | [Grain Transportation Report, December 28, 2023](https://feedsoft.ai/events/16577-grain-transportation-report-december-28-2023.md) | -2.1% | -3.4% |
| CORN | 2025-12-04 | [Grain Transportation Report, December 4, 2025](https://feedsoft.ai/events/16399-grain-transportation-report-december-4-2025.md) | +0.4% | +0.1% |
| 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% |
| SOY | 2016-12-12 | [Grain market steady after USDA report - Farmers Weekly](https://feedsoft.ai/events/73541-grain-market-steady-after-usda-report-farmers-weekly.md) | -0.1% | -3.1% |
| SOY | 2020-12-03 | [Grain Transportation Report, December 3, 2020](https://feedsoft.ai/events/49549-grain-transportation-report-december-3-2020.md) | +0.5% | +14.1% |

## Sources

- gfo.ca: https://gfo.ca/market-trends/market-trends-commentary-december-january/

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