# USDA Lowers Corn and Soybean Production Estimates

> USDA released its November 2025 WASDE, the first since the government shutdown, lowering corn and soybean production estimates from September but by less than trade expectations. U.S. corn and wheat ending stocks for 2025/26 were raised, while soybean ending stocks were lowered.

- Date: 2025-11-14 · published 2025-11-14T12:00:00.000Z
- Category: report · region US · magnitude high
- Page: https://feedsoft.ai/events/21885-usda-lowers-corn-and-soybean-production-estimates
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Smaller-than-expected production cuts and higher corn and wheat stocks ease tightness, which is bearish for feed grain prices and adds to feed cost pressure relief for buyers.

## Read by commodity

- SOY: neutral
- CORN: bearish ▼
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2018-09-12 | [USDA Pushes Corn, Soybean Yield Estimates Higher](https://feedsoft.ai/events/62988-usda-pushes-corn-soybean-yield-estimates-higher.md) | -6.9% | -6.6% |
| WHEAT | 2024-07-12 | [USDA Hikes Corn Production, but Lowers 2024-25 Corn Ending Stocks](https://feedsoft.ai/events/29201-usda-hikes-corn-production-but-lowers-2024-25-corn-ending-stocks.md) | -3.9% | -2.9% |
| WHEAT | 2023-03-08 | [USDA Crop Production Report Out Today: Lower Soybean Ending Stocks and Higher Corn - Oklahoma Farm Report](https://feedsoft.ai/events/36821-usda-crop-production-report-out-today-lower-soybean-ending-stocks-and-higher.md) | -0.9% | -4.6% |
| WHEAT | 2018-08-08 | [Bigger crop estimates send soybeans, corn lower - Brownfield Ag News](https://feedsoft.ai/events/8653-bigger-crop-estimates-send-soybeans-corn-lower-brownfield-ag-news.md) | -3.0% | +3.0% |
| WHEAT | 2018-10-12 | [USDA raises corn, soybean and wheat ending stocks estimates \| 2018-10-12  \| World Grain](https://feedsoft.ai/events/62480-usda-raises-corn-soybean-and-wheat-ending-stocks-estimates-2018-10-12-world.md) | +8.1% | +4.6% |
| SOY | 2024-10-11 | [USDA Boosts Corn Production Estimate](https://feedsoft.ai/events/27801-usda-boosts-corn-production-estimate.md) | -2.6% | +0.1% |
| SOY | 2021-01-13 | [USDA Lowers Soybean Stocks and Corn Yield](https://feedsoft.ai/events/49088-usda-lowers-soybean-stocks-and-corn-yield.md) | -3.7% | -4.8% |
| SOY | 2019-12-10 | [USDA Leaves Corn and Soybean Production, Supply and Demand Unchanged](https://feedsoft.ai/events/55512-usda-leaves-corn-and-soybean-production-supply-and-demand-unchanged.md) | +2.8% | +4.6% |

## Sources

- agriculture.com: https://www.agriculture.com/november-usda-wasde-report-11848915
- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/article/2025/11/14/usda-releases-november-crop-wasde

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