USDA Forecasts Record Corn Yield of 183.6 BPA in September Report

After 237 past bullish report events, Milk (Class III) moved a median +0.0% over 5 sessions (51% higher; middle half -0.3% to +0.6%), and +1.2% over 20.

• May 16, 2025USDA Hikes 2025 Dairy Price Forecasts, Expects Lower Prices In 2026 - Cheese Reporter-0.1%
• Feb 12, 2025USDA Hikes 2025 Cheese Price Forecast, Lowers Other Product, Milk Price Forecasts - Cheese Reporter+0.5%
• Jan 15, 2025December WASDE report forecasts lower milk production | Ag Proud+0.0%
• Mar 13, 2026USDA Raises 2026 Milk Production Forecast, Most Dairy Product Price Forecasts - Cheese Reporter-0.2%
• Apr 10, 2026USDA Hikes 2026 Milk Production Forecast; Dairy Product Price Forecasts Mixed - Cheese Reporter-1.1%

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.

• Jan 12, 2024USDA Sees Record Corn Yield in Friday's Latest Reports-0.9%
• Aug 12, 2020USDA forecasts record high corn, soybean yields+3.8%
• Aug 10, 2018USDA Sees Record Corn Yield in 2018-7.5%
• Jan 12, 2026USDA Forecasts Record U.S. Corn Crop, Higher Ending Stocks in January WASDE Report - RFD-2.8%
• Aug 15, 2025USDA Forecasts Record Corn Crop at 16.7B Bushels+2.6%

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.

• Sep 18, 2025USDA lowers corn, soybean yield forecasts – AgriNews-3.3%
• Apr 8, 2021USDA to expand forecasts on soyoil use in biofuels in May crop report - Markets - Business Recorder+0.1%
• May 10, 2024USDA Forecasts 14.86 BB Corn Crop, 4.45 BB Soybean Crop+2.0%
• Jul 10, 2020U.S. Corn, Soybean Yield Estimates Unchanged, USDA Reports-0.5%
• Jan 1, 2019USDA Reports Provide Surprises for Corn+2.7%