# USDA defends ballooning US corn yield estimates in data meeting

> USDA defended its corn yield estimates at a data meeting, noting the latest estimate of 173 bpa is well below the 181.5 bpa trend yield. The article notes yield fell below trend in the last five years including 2023 due to dry weather.

- Date: 2023-10-19 · published 2023-10-19T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/13243-usda-defends-ballooning-us-corn-yield-estimates-in-data-meeting
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Debate over the yield estimate highlights uncertainty in the corn supply outlook, which can support corn prices if the USDA lowers its estimate.

## Read by commodity

- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-07-29 | [Mexico corn yields improving but still best market for US](https://feedsoft.ai/events/58063-mexico-corn-yields-improving-but-still-best-market-for-us.md) | -0.6% | -10.6% |
| CORN | 2022-01-18 | [USDA estimates ‘I’ state records – AgriNews](https://feedsoft.ai/events/13395-usda-estimates-i-state-records-agrinews.md) | +2.5% | +9.1% |
| CORN | 2021-11-09 | [USDA Expects Record-High Corn Yield](https://feedsoft.ai/events/43999-usda-expects-record-high-corn-yield.md) | +1.2% | +5.2% |
| CORN | 2026-09-24 | [USDA Data: Corn Dominates Downbound Grain Barge Movements - News and Statistics - IndexBox](https://feedsoft.ai/events/16339-usda-data-corn-dominates-downbound-grain-barge-movements-news-and-statistics.md) | -0.7% | -5.9% |
| CORN | 2025-05-05 | [Reality check: Does timely US corn planting boost acres and yield?](https://feedsoft.ai/events/13088-reality-check-does-timely-us-corn-planting-boost-acres-and-yield.md) | -2.9% | -1.6% |

## Sources

- reuters.com: https://www.reuters.com/markets/commodities/usda-defends-ballooning-us-corn-yield-estimates-data-meeting-2023-10-19/

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