# Pro Farmer releases 2024 national corn and soybean estimates - Pro Farmer

> Pro Farmer estimates the 2024 US corn crop at 14.979 billion bushels with a 181.1 bu/acre average yield and soybeans at 4.740 billion bushels at 54.9 bu/acre. State estimates include Illinois at 220 bu/acre and Iowa at 212 bu/acre, with Minnesota weaker due to wet spring conditions.

- Date: 2024-08-23 · published 2024-08-23T12:00:00.000Z
- Category: report · region US · magnitude high
- Page: https://feedsoft.ai/events/13160-pro-farmer-releases-2024-national-corn-and-soybean-estimates-pro-farmer
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Pro Farmer's corn estimate sits below USDA expectations, which can tighten the corn balance sheet and support prices, while its higher soybean estimate is bearish.

## Read by commodity

- SOY: bearish ▼
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2023-08-25 | [Pro Farmer releases 2023 national corn and soybean estimates - Pro Farmer](https://feedsoft.ai/events/13255-pro-farmer-releases-2023-national-corn-and-soybean-estimates-pro-farmer.md) | -2.2% | -9.0% |
| CORN | 2022-08-29 | [Pro Farmer Releases 2022 National Corn and Soybean Crop Estimates - Pro Farmer](https://feedsoft.ai/events/13335-pro-farmer-releases-2022-national-corn-and-soybean-crop-estimates-pro-farmer.md) | +0.5% | -0.0% |
| CORN | 2020-08-21 | [Pro Farmer Estimates National Corn and Soybeans Yields Below USDA Forecasts](https://feedsoft.ai/events/51456-pro-farmer-estimates-national-corn-and-soybeans-yields-below-usda-forecasts.md) | +3.5% | +11.2% |
| CORN | 2025-12-09 | [Report Snapshot \| Corn, soybean ending stocks below average pre-report estimates - Pro Farmer](https://feedsoft.ai/events/21440-report-snapshot-corn-soybean-ending-stocks-below-average-pre-report-estimates.md) | +0.1% | +0.5% |
| CORN | 2026-04-10 | [USDA Raises Wheat, Corn and Soy Price Estimates - Farm Policy News](https://feedsoft.ai/events/19746-usda-raises-wheat-corn-and-soy-price-estimates-farm-policy-news.md) | +1.0% | +2.2% |
| SOY | 2022-08-29 | [Pro Farmer Releases 2022 National Corn and Soybean Crop Estimates - Pro Farmer](https://feedsoft.ai/events/13335-pro-farmer-releases-2022-national-corn-and-soybean-crop-estimates-pro-farmer.md) | -5.9% | -12.1% |
| SOY | 2021-08-22 | [Pro Farmer Releases National Corn and Soybean Crop Estimates - Pro Farmer](https://feedsoft.ai/events/45407-pro-farmer-releases-national-corn-and-soybean-crop-estimates-pro-farmer.md) | +5.1% | -2.4% |
| SOY | 2025-09-12 | [USDA Ups Corn and Soybean Production Estimates](https://feedsoft.ai/events/22795-usda-ups-corn-and-soybean-production-estimates.md) | +2.2% | +0.7% |

## Sources

- profarmer.com: https://www.profarmer.com/news/agriculture-news/pro-farmer-releases-2024-national-corn-and-soybean-estimates

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