# August WASDE Report: Corn Yields Drop, Demand Strengthens Balance Sheets - AgWeb

> The August WASDE cut the national corn yield 2.3 bushels to 180.7 bu/ac, offset by higher harvested acres, leaving production roughly unchanged at about 16 billion bushels. Strong export demand lowered ending stocks by 137 million bushels to about 1.7 billion. Western Corn Belt yields fell, while Iowa's yield rose.

- Date: 2026-08-12 · published 2026-08-12T12:00:00.000Z
- Category: report · region US · magnitude high
- Page: https://feedsoft.ai/events/17852-august-wasde-report-corn-yields-drop-demand-strengthens-balance-sheets-agweb
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Strong demand and a lower carryout tighten the corn balance sheet, which supports prices. Analysts still see yield risk in the western Corn Belt if the crop falls short of the USDA figure.

## Read by commodity

- SOY: neutral
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2025-12-09 | [Corn Exports Get a Boost in December WASDE, But Wheat and Soybean Balance Sheets Untouched](https://feedsoft.ai/events/21441-corn-exports-get-a-boost-in-december-wasde-but-wheat-and-soybean-balance-sheets.md) | +0.1% | +0.5% |
| CORN | 2021-08-13 | [August WASDE Report Indicates Bullish Corn Markets - ProAg](https://feedsoft.ai/events/45501-august-wasde-report-indicates-bullish-corn-markets-proag.md) | -1.7% | -9.0% |
| CORN | 2020-10-09 | [USDA tightens U.S. corn, soybean balance sheets - Brownfield Ag News](https://feedsoft.ai/events/50598-usda-tightens-u-s-corn-soybean-balance-sheets-brownfield-ag-news.md) | +3.7% | +7.4% |
| CORN | 2021-08-11 | [August WASDE report friendly to markets, especially corn - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/45500-august-wasde-report-friendly-to-markets-especially-corn-agweek-1-source-for.md) | +1.1% | -7.3% |
| CORN | 2023-08-11 | [AUGUST 2023 WASDE REPORT SUMMARY & NOTES: - CIH](https://feedsoft.ai/events/34512-august-2023-wasde-report-summary-and-notes-cih.md) | -1.6% | -2.3% |
| SOY | 2026-08-14 | [August WASDE Report Projects Bigger Corn Crop, Tighter Wheat Supplies - ProAg](https://feedsoft.ai/events/17857-august-wasde-report-projects-bigger-corn-crop-tighter-wheat-supplies-proag.md) | +4.5% | +9.6% |
| SOY | 2019-11-08 | [WASDE Report Reflects Tightening Corn Supplies, but Falling Demand - ProAg](https://feedsoft.ai/events/56019-wasde-report-reflects-tightening-corn-supplies-but-falling-demand-proag.md) | -2.7% | -3.8% |
| SOY | 2023-08-11 | [August WASDE cuts export expectations for corn, soybeans and wheat - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/12249-august-wasde-cuts-export-expectations-for-corn-soybeans-and-wheat-agweek-1.md) | -5.3% | -4.4% |

## Sources

- agweb.com: https://www.agweb.com/news/august-wasde-report-corn-yields-drop-demand-strengthens-balance-sheets

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