# WASDE: Lower corn, soy production lifts prices significantly

> USDA's January WASDE showed 2024 corn and soybean production below trade expectations, with corn yield at 179.3 bpa versus an average trade guess of 182.7. March corn futures rose 13 cents to about $4.69 and March soybeans rallied 24 cents to about $10.23.

- Date: 2025-01-10 · published 2025-01-10T12:00:00.000Z
- Category: report · region US · magnitude high
- Page: https://feedsoft.ai/events/13118-wasde-lower-corn-soy-production-lifts-prices-significantly
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Production shortfalls versus expectations reduce available feed grain and soybean meal supplies, lifting feed input costs for buyers.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲
- CORN: bullish ▲
- KWHEAT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2024-09-12 | [Corn Production Pegged Higher, Soybeans Lower](https://feedsoft.ai/events/28253-corn-production-pegged-higher-soybeans-lower.md) | +3.5% | +4.1% |
| SOY | 2021-11-09 | [WASDE Report Surprises With Lower Yield, Production, Soy Stocks](https://feedsoft.ai/events/43997-wasde-report-surprises-with-lower-yield-production-soy-stocks.md) | +6.7% | +6.1% |
| SOY | 2023-10-12 | [WASDE Reduces Corn and Soy Production More Than Expected](https://feedsoft.ai/events/33584-wasde-reduces-corn-and-soy-production-more-than-expected.md) | +4.7% | +7.7% |
| SOY | 2025-09-13 | [WASDE: USDA surprises with even bigger corn production](https://feedsoft.ai/events/6849-wasde-usda-surprises-with-even-bigger-corn-production.md) | -0.0% | -1.9% |
| SOY | 2023-08-11 | [USDA Lowers Corn and Soybean Yields and Production](https://feedsoft.ai/events/12250-usda-lowers-corn-and-soybean-yields-and-production.md) | -5.3% | -4.4% |
| CORN | 2021-11-09 | [WASDE Report Surprises With Lower Yield, Production, Soy Stocks](https://feedsoft.ai/events/43997-wasde-report-surprises-with-lower-yield-production-soy-stocks.md) | +1.2% | +5.2% |
| CORN | 2023-10-12 | [WASDE Reduces Corn and Soy Production More Than Expected](https://feedsoft.ai/events/33584-wasde-reduces-corn-and-soy-production-more-than-expected.md) | -0.4% | -1.5% |
| CORN | 2025-09-13 | [WASDE: USDA surprises with even bigger corn production](https://feedsoft.ai/events/6849-wasde-usda-surprises-with-even-bigger-corn-production.md) | +5.1% | +2.8% |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/article/2025/01/10/traders-prepare-busy-friday-usda
- farmprogress.com: https://www.farmprogress.com/marketing/wasde-lower-corn-soy-production-lifts-prices-significantly

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