# Pro Farmer Crop Estimates Below USDA Expectations - Farm Journal

> Pro Farmer estimates the 2023 U.S. corn crop at 14.960 billion bushels, based on a yield of 172.0 bu/acre, down from USDA's August 175.1 bu/acre. It estimates soybeans at 4.110 billion bushels, with a yield of 49.7 bu/acre, down from USDA's 50.9. Pro Farmer says soybeans may be vulnerable to a late-season collapse.

- Date: 2023-08-25 · published 2023-08-25T12:00:00.000Z
- Category: report · region US · magnitude high
- Page: https://feedsoft.ai/events/13259-pro-farmer-crop-estimates-below-usda-expectations-farm-journal
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Both estimates fall well below USDA's August numbers, implying tighter corn and soybean supplies and supporting prices.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 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 | 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 | 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% |
| CORN | 2023-08-25 | [Here’s How Pro Farmer's 2023 Yield Estimates Stack Up to USDA Expectations - AgWeb](https://feedsoft.ai/events/13256-here-s-how-pro-farmer-s-2023-yield-estimates-stack-up-to-usda-expectations-agweb.md) | -2.2% | -9.0% |
| SOY | 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) | -5.1% | -8.2% |
| SOY | 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) | -0.5% | +3.8% |
| SOY | 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) | +3.8% | +15.6% |

## Sources

- farmjournal.com: https://www.farmjournal.com/pro-farmer-crop-estimates-below-usda-expectations/

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