Here’s How Pro Farmer's 2023 Yield Estimates Stack Up to USDA Expectations

After 1,040 past bullish report events, CORN moved a median +0.5% over 5 sessions (62% higher; middle half -0.9% to +2.0%), and +0.8% over 20.

• Aug 23, 2024How Pro Farmer's 2024 Yield Estimates Compare to USDA Expectations - AgWeb+0.2%
• Oct 5, 2022Pro Farmer Crop Estimates Far Below USDA Expectations - AgWeb+0.9%
• Aug 25, 2023Pro Farmer Crop Estimates Below USDA Expectations - Farm Journal-2.2%
• Aug 26, 2022Pro Farmer Crop Estimates Far Below USDA Expectations - Farm Journal+0.5%
• Aug 21, 2020Pro Farmer Estimates National Corn and Soybeans Yields Below USDA Forecasts+3.5%

After 563 past neutral report events, SOY moved a median -0.1% over 5 sessions (48% higher; middle half -1.7% to +1.6%), and -0.1% over 20.

• Jul 18, 2022What Happens When USDA Updates Yield Expectations? - farmdoc daily-2.1%
• Sep 30, 2025Report Reaction | Corn stocks top expectations - Pro Farmer+0.7%
• May 13, 2020USDA Projects Rise in World Oilseed Production, Expects Higher Consumption, Reduces Ending Stock Estimates-0.8%
• Feb 9, 2022PF Report Reaction: U.S. ending stocks higher than expected - Pro Farmer-1.1%
• Jan 18, 2022USDA estimates ‘I’ state records – AgriNews+3.4%