Daybreak Jan. 13: Soybean growers let down by crop report

After 788 past bearish report events, SOY moved a median -0.3% over 5 sessions (47% higher; middle half -2.0% to +1.5%), and -0.9% over 20.

• Aug 10, 2017Bearish USDA crop report shakes corn and soybean sectors | 2017-08-10 | Agri-Pulse | Agri-Pulse Communications, Inc.-4.3%
• Oct 12, 2021USDA officials increase soybean, corn yield estimates | Agri-Pulse Communications, Inc.-0.5%
• Nov 8, 2019Nation's corn crop is shrinking | 2019-11-08 | Agri-Pulse Communications, Inc.-2.7%
• Jun 12, 2024WASDE: Soybean ending stock expectations increased, while wheat lower and corn steady | Agri-Pulse Communications, Inc.-0.3%
• Aug 28, 2024Ag trade deficit to grow in FY25, as Chinese market shrinks | Agri-Pulse Communications, Inc.+4.0%

After 399 past bearish report events, SBM moved a median -0.4% over 5 sessions (44% higher; middle half -2.4% to +1.2%), and -1.0% over 20.

• Aug 10, 2017Bearish USDA crop report shakes corn and soybean sectors | 2017-08-10 | Agri-Pulse | Agri-Pulse Communications, Inc.-3.9%
• Oct 12, 2021USDA officials increase soybean, corn yield estimates | Agri-Pulse Communications, Inc.+0.3%
• Sep 10, 2021USDA raises corn and soy yield forecasts, pushing down price expectations | 2021-09-10 | Agri-Pulse Communications, Inc.+1.7%
• Aug 12, 2022USDA Lowers Corn Production, Increases Soybean Production in August Reports-10.9%
• Sep 12, 2016USDA Report: Larger soybean crop sparks bearish reaction-3.0%