Pro Farmer's report reaction on October 9 says corn led a slide after USDA's production figures surprised to the upside, with corn, soybean and cotton production forecasts all raised. The page lists earlier reactions, including the September 30 stocks report that showed 2025/26 corn ending stocks above 2 billion bu.
Higher corn and soybean production estimates add supply and pressure prices for feed grains and soymeal. The larger crop outlook keeps downward pressure on feed costs for buyers.
After 1,102 past bearish report events, Corn moved a median -0.2% over 5 sessions (47% higher; middle half -1.8% to +1.3%), and +0.0% over 20.
After 788 past bearish report events, Soybeans moved a median -0.3% over 5 sessions (47% higher; middle half -2.0% to +1.5%), and -0.9% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.