# USDA Forecasts 14.86 BB Corn Crop, 4.45 BB Soybean Crop

> USDA's May WASDE and Crop Production reports forecast a 14.86 billion bushel corn crop and a 4.45 billion bushel soybean crop for 2024-25, based on 181 bu/acre corn and 52 bu/acre soybean yields. The reports included the first detailed forecast for the new crop year.

- Date: 2024-05-10 · published 2024-05-10T12:00:00.000Z
- Category: report · region US · magnitude high
- Page: https://feedsoft.ai/events/13186-usda-forecasts-14-86-bb-corn-crop-4-45-bb-soybean-crop
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

The first official new-crop balance sheets set the baseline for feed grain and meal pricing, and the corn acreage shortfall tightens the outlook versus last year.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2020-09-11 | [USDA Lowers Corn and Soybean Forecasts \| AgWired](https://feedsoft.ai/events/50974-usda-lowers-corn-and-soybean-forecasts-agwired.md) | +4.5% | +5.3% |
| CORN | 2018-11-08 | [USDA cuts corn, soybean crops](https://feedsoft.ai/events/61984-usda-cuts-corn-soybean-crops.md) | -6.8% | -0.4% |
| CORN | 2023-10-12 | [USDA Further Trims Its Forecasts for US Corn and Soybeans](https://feedsoft.ai/events/13238-usda-further-trims-its-forecasts-for-us-corn-and-soybeans.md) | -0.4% | -1.5% |
| CORN | 2017-09-29 | [U.S. Corn, Soybean Stocks Drop, USDA Says](https://feedsoft.ai/events/68896-u-s-corn-soybean-stocks-drop-usda-says.md) | +3.1% | +2.4% |
| CORN | 2025-05-12 | [USDA May report: Record corn crop, tight soybean stocks for 2025-26](https://feedsoft.ai/events/24608-usda-may-report-record-corn-crop-tight-soybean-stocks-for-2025-26.md) | +0.0% | +1.9% |
| SOY | 2025-05-12 | [USDA Forecasts 15.8 BB Corn, 4.34 BB Soybeans for 2025-26](https://feedsoft.ai/events/24607-usda-forecasts-15-8-bb-corn-4-34-bb-soybeans-for-2025-26.md) | +0.6% | +1.1% |
| SOY | 2025-09-18 | [USDA lowers corn, soybean yield forecasts – AgriNews](https://feedsoft.ai/events/13055-usda-lowers-corn-soybean-yield-forecasts-agrinews.md) | -3.3% | -3.6% |
| SOY | 2018-09-12 | [USDA forecasts soybean crush to keep growing - McKeany-Flavell](https://feedsoft.ai/events/63103-usda-forecasts-soybean-crush-to-keep-growing-mckeany-flavell.md) | -0.8% | +5.2% |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/article/2024/05/10/usda-releases-may-crop-production

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