USDA warns on corn, winter wheat crops due to weather

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 12, 2021USDA lowers corn, soybean yield estimates due to drought | 2021-08-12 | Agri-Pulse Communications, Inc.+0.7%
• Mar 9, 2022USDA forecast larger wheat stocks despite war, but warns of uncertainty | 2022-03-09 | Agri-Pulse Communications, Inc.+3.3%
• Sep 12, 2019USDA lowers corn, soybean yield estimates | 2019-09-12 | Agri-Pulse Communications, Inc.+4.8%
• Dec 8, 2023USDA trims forecast for soybean, wheat supplies | Agri-Pulse Communications, Inc.-2.7%
• Mar 29, 2018Farmers plan to cut corn, soybean acreage, USDA says | 2018-03-29 | Agri-Pulse | Agri-Pulse Communications, Inc.+4.8%

After 180 past bullish report events, KWHEAT moved a median +0.4% over 5 sessions (53% higher; middle half -2.1% to +3.7%), and -0.6% over 20.

• May 10, 2017Winter wheat takes a hit in USDA forecast | 2017-05-10 | Agri-Pulse | Agri-Pulse Communications, Inc.-0.6%
• May 31, 2023USDA lowers ag trade forecast for FY 2023 | Agri-Pulse Communications, Inc.+4.7%
• Jun 12, 2024WASDE: Soybean ending stock expectations increased, while wheat lower and corn steady | Agri-Pulse Communications, Inc.-8.3%
• Oct 31, 2024CBOT wheat firms again on worse than expected winter wheat conditions - AgriInsite-0.3%
• Apr 20, 2026Crop Progress: Corn 11% Planted, Soybeans 12% Planted, Winter Wheat Rated 30% Good to Excellent as of April 19+3.5%

After 769 past bullish report events, WHEAT moved a median +0.2% over 5 sessions (53% higher; middle half -1.4% to +2.0%), and +0.2% over 20.

• May 10, 2017Winter wheat takes a hit in USDA forecast | 2017-05-10 | Agri-Pulse | Agri-Pulse Communications, Inc.-2.4%
• Dec 8, 2023USDA trims forecast for soybean, wheat supplies | Agri-Pulse Communications, Inc.-4.0%
• Feb 19, 2026USDA chief economist: Economic headwinds to ease slightly in 2026 | Agri-Pulse Communications, Inc.+1.8%
• Oct 12, 2021USDA officials increase soybean, corn yield estimates | Agri-Pulse Communications, Inc.+0.7%
• Jun 12, 2024WASDE: Soybean ending stock expectations increased, while wheat lower and corn steady | Agri-Pulse Communications, Inc.-2.1%