# USDA trims corn, soybean acres off June estimates | 2019-08-12 | Agri-Pulse | Agri-Pulse Communications, Inc.

> USDA's National Agricultural Statistics Service cut its August estimates to 90 million acres of corn and 76.7 million of soybeans, down from June's 91.7 and 80 million after resurveying farmers and incorporating satellite data. The corn yield projection of 169.5 bushels per acre lifted the new-crop carryout to 2.18 billion bushels.

- Date: 2019-08-12 · published 2019-08-12T12:00:00.000Z
- Category: report · region US · magnitude high
- Page: https://feedsoft.ai/events/11741-usda-trims-corn-soybean-acres-off-june-estimates-2019-08-12-agri-pulse-agri
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Although acreage fell, the higher yield and bigger carryout signal ample corn supplies, which is bearish for corn and feed prices.

## Read by commodity

- SOY: neutral
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2021-10-12 | [USDA officials increase soybean, corn yield estimates \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/44382-usda-officials-increase-soybean-corn-yield-estimates-agri-pulse-communications.md) | +0.0% | +9.0% |
| CORN | 2017-08-10 | [Bearish USDA crop report shakes corn and soybean sectors \| 2017-08-10 \| Agri-Pulse \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/69393-bearish-usda-crop-report-shakes-corn-and-soybean-sectors-2017-08-10-agri-pulse.md) | -4.5% | -6.5% |
| CORN | 2022-12-09 | [USDA’s WASDE leaves most grain and oilseed estimates unchanged \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/38185-usda-s-wasde-leaves-most-grain-and-oilseed-estimates-unchanged-agri-pulse.md) | +1.9% | +2.9% |
| CORN | 2023-06-30 | [More corn, less soybeans revealed in USDA crop acreage, grain stocks reports \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/35530-more-corn-less-soybeans-revealed-in-usda-crop-acreage-grain-stocks-reports-agri.md) | -2.3% | +1.5% |
| CORN | 2019-05-10 | [Article Headline \| 2019-05-10 \| Agri-Pulse \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/59045-article-headline-2019-05-10-agri-pulse-agri-pulse-communications-inc.md) | +5.8% | +12.3% |
| SOY | 2021-12-09 | [USDA maintains corn, soybean stocks estimates, gives bearish wheat figures in December WASDE \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/43523-usda-maintains-corn-soybean-stocks-estimates-gives-bearish-wheat-figures-in.md) | +0.1% | +9.2% |
| SOY | 2022-12-09 | [USDA’s WASDE leaves most grain and oilseed estimates unchanged \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/38185-usda-s-wasde-leaves-most-grain-and-oilseed-estimates-unchanged-agri-pulse.md) | -0.9% | +1.2% |
| SOY | 2019-05-10 | [Article Headline \| 2019-05-10 \| Agri-Pulse \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/59045-article-headline-2019-05-10-agri-pulse-agri-pulse-communications-inc.md) | +4.9% | +7.0% |

## Sources

- agri-pulse.com: https://www.agri-pulse.com/articles/12504-usda-trims-corn-soybean-acres-off-june-estimates

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