# Pro Farmer sees U.S. corn harvest smaller than gov't outlook, soy harvest bigger

> Pro Farmer projected a US corn harvest of 13.759 billion bushels, below government forecasts, after hot and dry weather hurt yields in western areas. It projected a soybean crop of 4.535 billion bushels, slightly above USDA's record outlook. Global corn supplies remain disrupted by the Russia-Ukraine war.

- Date: 2022-08-26 · published 2022-08-26T12:00:00.000Z
- Category: report · region US · magnitude high
- Page: https://feedsoft.ai/events/13339-pro-farmer-sees-u-s-corn-harvest-smaller-than-gov-t-outlook-soy-harvest-bigger
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

A smaller US corn crop than USDA expects tightens supplies and supports corn prices, while the bigger soy crop is a mild bearish factor for soybeans and meal.

## Read by commodity

- SOY: bearish ▼
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2016-08-26 | [Pro Farmer sees record U.S. corn, soy crops, but below USDA view](https://feedsoft.ai/events/12397-pro-farmer-sees-record-u-s-corn-soy-crops-but-below-usda-view.md) | -3.9% | -4.3% |
| SOY | 2024-01-16 | [Bumper corn harvest dampens price outlook \| Agriculture Dive](https://feedsoft.ai/events/32178-bumper-corn-harvest-dampens-price-outlook-agriculture-dive.md) | +1.5% | -1.1% |
| SOY | 2017-06-08 | [Record output of soybean and corn lead to a harvest estimate 29.2% bigger than in 2016  \| News Agency](https://feedsoft.ai/events/70327-record-output-of-soybean-and-corn-lead-to-a-harvest-estimate-29-2-bigger-than.md) | +0.1% | +5.4% |
| SOY | 2024-08-12 | [PF Report Reaction: Soybean crop much bigger than expected, corn data mildly supportive. - Pro Farmer](https://feedsoft.ai/events/28716-pf-report-reaction-soybean-crop-much-bigger-than-expected-corn-data-mildly.md) | -8.7% | -2.7% |
| SOY | 2017-01-30 | [U.S. Corn Futures Weekly Price Outlook: Brazil In Focus - See It Market](https://feedsoft.ai/events/73038-u-s-corn-futures-weekly-price-outlook-brazil-in-focus-see-it-market.md) | -2.1% | -3.6% |
| CORN | 2021-06-30 | [Smaller-than-expected U.S. corn, soy acreage stokes price rally](https://feedsoft.ai/events/46614-smaller-than-expected-u-s-corn-soy-acreage-stokes-price-rally.md) | -0.4% | -10.6% |
| CORN | 2020-09-30 | [U.S. Corn, Soybean Piles Get Smaller, USDA Says](https://feedsoft.ai/events/8792-u-s-corn-soybean-piles-get-smaller-usda-says.md) | +1.5% | +11.3% |
| CORN | 2019-11-11 | [Wheat crops bigger, corn smaller, mirroring stock outlooks: USDA - Grain Central](https://feedsoft.ai/events/56012-wheat-crops-bigger-corn-smaller-mirroring-stock-outlooks-usda-grain-central.md) | -1.0% | -3.2% |

## Sources

- agriculture.com: https://www.agriculture.com/markets/newswire/pro-farmer-sees-us-corn-harvest-smaller-than-govt-outlook-soy-harvest-bigger
- reuters.com: https://www.reuters.com/article/markets/commodities/corn-rises-pro-farmer-sees-smaller-us-harvest-than-usda-idUSL1N302271/

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