# US Corn Crop in 2023

> USDA's final estimate put the 2023 US corn yield at 177.3 bushels per acre, a figure that surprised much of the grain trading market. The review traces the May and June 2023 dryness in the central US, including record-dry counties in Minnesota and Wisconsin, and asks whether the surprise was warranted.

- Date: 2024-03-14 · published 2024-03-14T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/13197-us-corn-crop-in-2023
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

A final yield above expectations points to larger 2023 supply than traders had priced, which weighs on corn values. The weather review explains why the crop held up despite early dryness.

## Read by commodity

- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2023-07-10 | [China’s corn production to inch up in 2023-24](https://feedsoft.ai/events/14830-china-s-corn-production-to-inch-up-in-2023-24.md) | +4.0% | -8.3% |
| CORN | 2023-09-01 | [Brazil’s 2023/24 First Corn Crop 7.3% Planted](https://feedsoft.ai/events/13627-brazil-s-2023-24-first-corn-crop-7-3-planted.md) | +1.5% | -5.7% |
| CORN | 2024-03-19 | [The Curious Case of US Corn Yields in 2023 - farmdoc daily](https://feedsoft.ai/events/13198-the-curious-case-of-us-corn-yields-in-2023-farmdoc-daily.md) | -1.1% | -6.2% |
| CORN | 2023-12-01 | [2023 Iowa Crop Progress Review, December 2023](https://feedsoft.ai/events/13222-2023-iowa-crop-progress-review-december-2023.md) | +2.4% | +3.9% |
| CORN | 2018-03-09 | [Record 2017 corn yields in Minnesota](https://feedsoft.ai/events/65854-record-2017-corn-yields-in-minnesota.md) | +1.9% | +4.1% |

## Sources

- cropprophet.com: https://www.cropprophet.com/2023-us-corn-yield-review/

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