
USDA's December WASDE forecast a record US corn yield of 186 bushels per acre for 2025, up from 179.4 in 2024. Total corn production is projected at a record 16.752 billion bushels from 90 million harvested acres.
Soybeans also appear set for a possible record average yield.
A record US corn crop points to ample supplies and heavy stocks, which is bearish for feed grain prices and supports lower feed costs for buyers heading into 2026.
After 1,102 past bearish report events, CORN moved a median -0.2% over 5 sessions (47% higher; middle half -1.8% to +1.3%), and +0.0% over 20.
After 788 past bearish report events, SOY moved a median -0.3% over 5 sessions (47% higher; middle half -2.0% to +1.5%), and -0.9% over 20.
After 399 past bearish report events, SBM moved a median -0.4% over 5 sessions (44% higher; middle half -2.4% to +1.2%), and -1.0% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.