# Upper Midwest producers see solid crop yields in 2023 - Agweek | #1 source for agriculture news, farming, markets

> NASS estimated 2023 average corn yields for Minnesota at 185 bushels per acre, 10 bushels below the 2022 record of 195. Nebraska and South Dakota yields rebounded from drought-hit 2022 levels despite limited rainfall in much of the Upper Midwest.

- Date: 2024-02-29 · published 2024-02-29T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/13207-upper-midwest-producers-see-solid-crop-yields-in-2023-agweek-1-source-for
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Solid 2023 yields confirm a sizable crop supply, which is mildly bearish for corn and soybean prices heading into the new marketing year.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2017-03-06 | [USDA releases new crop estimates for major crops - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/71835-usda-releases-new-crop-estimates-for-major-crops-agweek-1-source-for.md) | -3.8% | -2.0% |
| CORN | 2017-03-12 | [WASDE report puts major ag products on defensive - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/11203-wasde-report-puts-major-ag-products-on-defensive-agweek-1-source-for.md) | +2.4% | +0.9% |
| CORN | 2020-06-07 | [Have the markets found a bottom? - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/9493-have-the-markets-found-a-bottom-agweek-1-source-for-agriculture-news-farming.md) | -0.3% | +2.8% |
| CORN | 2024-02-28 | [Focus on Ag: Solid 2023 crop yields in the Upper Midwest](https://feedsoft.ai/events/13209-focus-on-ag-solid-2023-crop-yields-in-the-upper-midwest.md) | +3.8% | +5.5% |
| CORN | 2017-10-15 | [WASDE Report surprises soybean market - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/68415-wasde-report-surprises-soybean-market-agweek-1-source-for-agriculture-news.md) | -1.9% | -5.7% |
| SOY | 2017-03-06 | [USDA releases new crop estimates for major crops - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/71835-usda-releases-new-crop-estimates-for-major-crops-agweek-1-source-for.md) | -3.0% | -7.9% |
| SOY | 2018-03-11 | [USDA report perplexes - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/65959-usda-report-perplexes-agweek-1-source-for-agriculture-news-farming-markets.md) | +2.0% | +1.7% |
| SOY | 2022-07-12 | [Demand for US soybeans seen falling with strong South American yields - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/40516-demand-for-us-soybeans-seen-falling-with-strong-south-american-yields-agweek-1.md) | -8.8% | -1.3% |

## Sources

- agweek.com: https://www.agweek.com/opinion/upper-midwest-producers-see-solid-crop-yields-in-2023

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