# US crop yields battle Brazil weather story; 2024 US crops loom  | Reuters

> Analysts polled ahead of USDA's Thursday report expect the 2023 US corn yield at 173.2 bushels per acre, up from 173 last month and just below last year's 173.4. Soybean yield is expected at 49.6 bushels, unchanged from last month and last year.

- Date: 2023-11-09 · published 2023-11-09T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/13235-us-crop-yields-battle-brazil-weather-story-2024-us-crops-loom-reuters
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Trade expectations for steady-to-higher US yields point to ample supply, so the report sets a bearish baseline for corn and soybeans unless it surprises.

## Read by commodity

- SOY: neutral
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2023-03-06 | [Solid 2022 Crop Yields in the Upper Midwest - MinnStar Bank](https://feedsoft.ai/events/13289-solid-2022-crop-yields-in-the-upper-midwest-minnstar-bank.md) | -1.2% | +1.1% |
| CORN | 2016-12-22 | [Brazilian Crops Enter 2017 With Great Potential, Farmers Say](https://feedsoft.ai/events/73324-brazilian-crops-enter-2017-with-great-potential-farmers-say.md) | +0.4% | +3.0% |
| CORN | 2022-06-20 | [Brazil expecting historic 2nd-crop corn yields despite less than ideal weather \| An official publication of Michigan Farm Bureau](https://feedsoft.ai/events/13718-brazil-expecting-historic-2nd-crop-corn-yields-despite-less-than-ideal-weather.md) | -3.7% | -11.8% |
| 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 | 2026-02-03 | [Record US Corn Crop Based on Yield, Acreage](https://feedsoft.ai/events/13020-record-us-corn-crop-based-on-yield-acreage.md) | +0.6% | +1.8% |
| SOY | 2023-03-06 | [Solid 2022 Crop Yields in the Upper Midwest - MinnStar Bank](https://feedsoft.ai/events/13289-solid-2022-crop-yields-in-the-upper-midwest-minnstar-bank.md) | -1.1% | -1.6% |
| SOY | 2022-03-07 | [2021 Crop Yields Were Mixed Across The Midwest - MinnStar Bank](https://feedsoft.ai/events/13374-2021-crop-yields-were-mixed-across-the-midwest-minnstar-bank.md) | +0.9% | -5.6% |
| SOY | 2023-03-22 | [2022 County Crop Yields - farmdoc daily](https://feedsoft.ai/events/13288-2022-county-crop-yields-farmdoc-daily.md) | +0.1% | +2.7% |

## Sources

- reuters.com: https://www.reuters.com/markets/commodities/us-crop-yields-battle-brazil-weather-story-2024-us-crops-loom-2023-11-09/

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