The quarterly corn stocks estimate is the one that always seems to hold unexpected news for the market. Surprises in this report will be as significant as in the past few years because the overall stocks number will be 600-700 million bushels above levels of a year ago.USDA will release several critical reports on 12 January at 12 pm (EST), the most important ones until 31 March when the next quarterly stocks numbers plus the all-important 2015 planting intentions numbers will be issued. Monday's reports will include:

1 December quarterly grain stocks U.S. winter wheat planted acreage "Final" corn and soybean crop production estimates Revised U.S. and world supply/demand numbers (WASDE)

Below are the pre-report expectations for qua...