USDA forecasts record US soybean production and higher stocks, above market estimates

After 788 past bearish report events, Soybeans moved a median -0.3% over 5 sessions (47% higher; middle half -2.0% to +1.5%), and -0.9% over 20.

• Aug 10, 2017USDA Forecasts Record-High Soybean Production in 2017-4.3%
• Sep 12, 2025USDA Ups Corn and Soybean Production Estimates+2.2%
• Nov 9, 2016Corn, soybean markets drop after USDA hikes production-1.6%
• Mar 29, 2019U.S. March Soybean Stocks Hit Record High, USDA Data Drops Markets+1.9%
• May 15, 2023USDA Ending Stocks Reveal Record Projections for Corn and Soybeans - ProAg-8.9%

After 399 past bearish report events, Soybean Meal moved a median -0.4% over 5 sessions (44% higher; middle half -2.4% to +1.2%), and -1.0% over 20.

• Aug 10, 2017USDA Forecasts Record-High Soybean Production in 2017-3.9%
• Sep 12, 2025USDA Ups Corn and Soybean Production Estimates-1.4%
• Nov 9, 2016Corn, soybean markets drop after USDA hikes production-2.3%
• Mar 29, 2019U.S. March Soybean Stocks Hit Record High, USDA Data Drops Markets+1.8%
• Aug 10, 2018Soybeans, Grains Plunge After USDA Raises Production Forecasts+0.2%