# Biggest takeaways on US corn, soy crops after annual crop tour

> Early takeaways from the annual crop tour suggest US corn yields are falling short of 2021 levels but may not rule out a record crop. Analysts note that cooler August temperatures could help corn kernels fill and increase yields.

- Date: 2024-08-27 · published 2024-08-27T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/13157-biggest-takeaways-on-us-corn-soy-crops-after-annual-crop-tour
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Yield prospects near record levels point to ample corn and soybean supplies, which tends to pressure feed grain prices.

## Read by commodity

- SOY: neutral
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2024-10-15 | [October WASDE: Top takeaways for corn, soybeans and wheat](https://feedsoft.ai/events/27804-october-wasde-top-takeaways-for-corn-soybeans-and-wheat.md) | -0.1% | +2.6% |
| CORN | 2016-07-19 | [Corn and soybeans tumble after healthy crop readings](https://feedsoft.ai/events/7420-corn-and-soybeans-tumble-after-healthy-crop-readings.md) | -3.7% | -6.8% |
| CORN | 2016-08-15 | [USDA adjusts forecasts based on record corn, soybean crops](https://feedsoft.ai/events/9949-usda-adjusts-forecasts-based-on-record-corn-soybean-crops.md) | +2.3% | -0.6% |
| CORN | 2024-10-01 | [Corn and Soybean Prices Collapse Due to Big Crop Estimates](https://feedsoft.ai/events/27882-corn-and-soybean-prices-collapse-due-to-big-crop-estimates.md) | +0.2% | -2.4% |
| CORN | 2026-02-03 | [Record US Corn Crop Based on Yield, Acreage](https://feedsoft.ai/events/13020-record-us-corn-crop-based-on-yield-acreage.md) | +0.6% | +1.8% |
| SOY | 2020-08-12 | [Corn, soybeans rise after USDA confirms massive US crops - Markets - Business Recorder](https://feedsoft.ai/events/51546-corn-soybeans-rise-after-usda-confirms-massive-us-crops-markets-business.md) | +3.9% | +11.6% |
| SOY | 2026-08-14 | [August WASDE Report Projects Bigger Corn Crop, Tighter Wheat Supplies - ProAg](https://feedsoft.ai/events/17857-august-wasde-report-projects-bigger-corn-crop-tighter-wheat-supplies-proag.md) | +4.5% | +9.6% |
| SOY | 2023-10-03 | [Crop Watch: US harvest pace mixed after scattered rains](https://feedsoft.ai/events/13236-crop-watch-us-harvest-pace-mixed-after-scattered-rains.md) | -1.0% | +0.5% |

## Sources

- reuters.com: https://www.reuters.com/markets/commodities/biggest-takeaways-us-corn-soy-crops-after-annual-crop-tour-2024-08-27/

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