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ProAg reported that the August WASDE raised 2026/27 US corn production to 16.01 billion bushels on a 180.7 bu/ac yield, which is 2.3 bushels below July. Soybean production rose to 4.52 billion bushels, and wheat production and ending stocks were trimmed to 1.53 billion bushels and 717 million bushels.
The lower wheat supply tightens the wheat balance sheet and is supportive for wheat prices. The corn and soybean changes are mixed and offset each other, leaving limited net pressure on those markets.
proag.comAug 14, 2026After 769 past bullish report events, Wheat (SRW) moved a median +0.2% over 5 sessions (53% higher; middle half -1.4% to +2.0%), and +0.2% over 20.
After 770 past neutral report events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% over 20.
After 563 past neutral report events, Soybeans moved a median -0.1% over 5 sessions (48% higher; middle half -1.7% to +1.6%), and -0.1% 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.
