# USDA Report: Larger soybean crop sparks bearish reaction

> USDA raised its 2016 soybean crop forecast about 3.5% to 4.2 billion bushels, above August estimates and surprising traders. Corn production was trimmed to 15.09 billion bushels but remained above trade expectations. Soybean ending stocks were raised to 365 million bushels.

- Date: 2016-09-12 · published 2016-09-12T12:00:00.000Z
- Category: report · region US · magnitude high
- Page: https://feedsoft.ai/events/10184-usda-report-larger-soybean-crop-sparks-bearish-reaction
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

A larger-than-expected soybean crop and higher ending stocks add bearish pressure on soybeans and soybean meal. Corn supplies also remain comfortable despite the small cut.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2022-03-31 | [USDA Report Bullish for Corn, Bearish for Soybeans](https://feedsoft.ai/events/42296-usda-report-bullish-for-corn-bearish-for-soybeans.md) | -2.7% | +2.6% |
| SOY | 2017-03-09 | [USDA Report: Soybeans get a bearish surprise](https://feedsoft.ai/events/71935-usda-report-soybeans-get-a-bearish-surprise.md) | -1.3% | -6.6% |
| SOY | 2021-09-30 | [Soy stumbles on bearish USDA report](https://feedsoft.ai/events/45036-soy-stumbles-on-bearish-usda-report.md) | -3.3% | -3.5% |
| SOY | 2023-07-12 | [USDA Report Bearish News for Corn and Soybeans](https://feedsoft.ai/events/34982-usda-report-bearish-news-for-corn-and-soybeans.md) | -1.9% | -6.0% |
| SOY | 2017-03-10 | [Crops lower in wake of bearish USDA report](https://feedsoft.ai/events/8404-crops-lower-in-wake-of-bearish-usda-report.md) | +0.1% | -5.9% |
| SBM | 2022-03-31 | [USDA Report Bullish for Corn, Bearish for Soybeans](https://feedsoft.ai/events/42296-usda-report-bullish-for-corn-bearish-for-soybeans.md) | -2.3% | -6.5% |
| SBM | 2017-03-09 | [USDA Report: Soybeans get a bearish surprise](https://feedsoft.ai/events/71935-usda-report-soybeans-get-a-bearish-surprise.md) | +0.3% | -5.1% |
| SBM | 2025-02-27 | [USDA Forecasts Record Corn Crop, Larger Soybean Crop for 2025-26](https://feedsoft.ai/events/13114-usda-forecasts-record-corn-crop-larger-soybean-crop-for-2025-26.md) | -0.1% | +0.6% |

## Sources

- farmprogress.com: https://www.farmprogress.com/soybean/usda-report-larger-soybean-crop-sparks-bearish-reaction

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