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

> Pro Farmer's 2023 corn projections for Nebraska, Minnesota and Iowa fall below USDA's August estimates. Soybean yields are on par with USDA in all scouted states. Tar spot is spreading in Indiana and Illinois and could cut yields further.

- Date: 2023-08-25 · published 2023-08-25T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/13256-here-s-how-pro-farmer-s-2023-yield-estimates-stack-up-to-usda-expectations-agweb
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Corn yields below USDA's August numbers suggest a smaller crop than expected, supporting corn prices. Soybeans matching USDA expectations give little price direction.

## Read by commodity

- SOY: neutral
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2024-08-23 | [How Pro Farmer's 2024 Yield Estimates Compare to USDA Expectations - AgWeb](https://feedsoft.ai/events/13162-how-pro-farmer-s-2024-yield-estimates-compare-to-usda-expectations-agweb.md) | +0.2% | +6.1% |
| CORN | 2022-10-05 | [Pro Farmer Crop Estimates Far Below USDA Expectations - AgWeb](https://feedsoft.ai/events/13325-pro-farmer-crop-estimates-far-below-usda-expectations-agweb.md) | +0.9% | +1.2% |
| CORN | 2023-08-25 | [Pro Farmer Crop Estimates Below USDA Expectations - Farm Journal](https://feedsoft.ai/events/13259-pro-farmer-crop-estimates-below-usda-expectations-farm-journal.md) | -2.2% | -9.0% |
| CORN | 2022-08-26 | [Pro Farmer Crop Estimates Far Below USDA Expectations - Farm Journal](https://feedsoft.ai/events/13341-pro-farmer-crop-estimates-far-below-usda-expectations-farm-journal.md) | +0.5% | +2.0% |
| CORN | 2020-08-21 | [Pro Farmer Estimates National Corn and Soybeans Yields Below USDA Forecasts](https://feedsoft.ai/events/51456-pro-farmer-estimates-national-corn-and-soybeans-yields-below-usda-forecasts.md) | +3.5% | +11.2% |
| SOY | 2022-07-18 | [What Happens When USDA Updates Yield Expectations? - farmdoc daily](https://feedsoft.ai/events/13348-what-happens-when-usda-updates-yield-expectations-farmdoc-daily.md) | -2.1% | +13.9% |
| SOY | 2025-09-30 | [Report Reaction \| Corn stocks top expectations - Pro Farmer](https://feedsoft.ai/events/9843-report-reaction-corn-stocks-top-expectations-pro-farmer.md) | +0.7% | +5.6% |
| SOY | 2020-05-13 | [USDA Projects Rise in World Oilseed Production, Expects Higher Consumption, Reduces Ending Stock Estimates](https://feedsoft.ai/events/53251-usda-projects-rise-in-world-oilseed-production-expects-higher-consumption.md) | -0.8% | +1.9% |

## Sources

- agweb.com: https://www.agweb.com/news/crops/crop-production/heres-how-pro-farmers-2023-yield-estimates-stack-usda-expectations

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