# 2023 Corn and Soybean Yields

> USDA's final 2023 tally put U.S. corn production at a record 15.342 billion bushels on a record yield of 177.3 bpa. Soybean production reached 4.165 billion bushels on a national yield of 50.6 bpa, which came in above the high end of trade estimates.

- Date: 2024-01-17 · published 2024-01-17T12:00:00.000Z
- Category: report · region US · magnitude high
- Page: https://feedsoft.ai/events/13212-2023-corn-and-soybean-yields
- 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

Record corn output and a soybean yield surprise add to ample supplies, which weighs on feed grain and soymeal prices.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2026-05-13 | [2025 NASS County Corn, Soybean, and Winter Wheat Yields](https://feedsoft.ai/events/12994-2025-nass-county-corn-soybean-and-winter-wheat-yields.md) | +0.8% | -7.9% |
| CORN | 2017-04-06 | [Brazil To Harvest Record Corn And Soybean Yields](https://feedsoft.ai/events/71350-brazil-to-harvest-record-corn-and-soybean-yields.md) | +0.6% | -0.3% |
| CORN | 2022-01-18 | [These 13 States Had Record Corn and Soybean Yields in 2021 - AgWeb](https://feedsoft.ai/events/13393-these-13-states-had-record-corn-and-soybean-yields-in-2021-agweb.md) | +2.5% | +9.1% |
| CORN | 2020-08-12 | [USDA forecasts record high corn, soybean yields](https://feedsoft.ai/events/51457-usda-forecasts-record-high-corn-soybean-yields.md) | +3.8% | +8.3% |
| CORN | 2025-01-22 | [2025 Corn, Soybean, and Wheat Outlook \| CAES Field Report](https://feedsoft.ai/events/26478-2025-corn-soybean-and-wheat-outlook-caes-field-report.md) | -0.8% | +3.8% |
| SOY | 2017-04-06 | [Brazil To Harvest Record Corn And Soybean Yields](https://feedsoft.ai/events/71350-brazil-to-harvest-record-corn-and-soybean-yields.md) | +0.4% | +2.2% |
| SOY | 2022-01-18 | [These 13 States Had Record Corn and Soybean Yields in 2021 - AgWeb](https://feedsoft.ai/events/13393-these-13-states-had-record-corn-and-soybean-yields-in-2021-agweb.md) | +3.4% | +15.7% |
| SOY | 2020-08-12 | [USDA forecasts record high corn, soybean yields](https://feedsoft.ai/events/51457-usda-forecasts-record-high-corn-soybean-yields.md) | +3.9% | +11.6% |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/Ag/blogs/fundamentally-speaking/blog-post/2024/01/17/2023-corn-soybean-yields

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