# USDA predicts largest ever corn crop in November WASDE

> USDA's November WASDE projected the largest-ever U.S. corn crop and global soybean stocks at a record by season end. Corn and soybean futures fell after the release, and export sales of U.S. soybeans to China continued.

- Date: 2023-11-10 · published 2023-11-10T12:00:00.000Z
- Category: report · region Global · magnitude high
- Page: https://feedsoft.ai/events/33117-usda-predicts-largest-ever-corn-crop-in-november-wasde
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Record global soybean stocks and a massive U.S. corn crop point to ample supplies, which pressures feed grain and meal prices. Continued Chinese buying provides some support for soybeans.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2025-08-12 | [USDA Predicts Record Corn Crop in Latest WASDE Report - Northern Ag Network](https://feedsoft.ai/events/23281-usda-predicts-record-corn-crop-in-latest-wasde-report-northern-ag-network.md) | +0.0% | +4.3% |
| CORN | 2023-05-12 | [USDA Predicts Record Corn, Soybean Crops](https://feedsoft.ai/events/5016-usda-predicts-record-corn-soybean-crops.md) | -8.7% | -8.7% |
| CORN | 2025-12-01 | [November WASDE shows mixed crop prices](https://feedsoft.ai/events/21541-november-wasde-shows-mixed-crop-prices.md) | +0.3% | +0.3% |
| CORN | 2019-04-09 | [USDA Expects Larger Corn Stocks](https://feedsoft.ai/events/11376-usda-expects-larger-corn-stocks.md) | +1.8% | -0.5% |
| CORN | 2023-11-09 | [USDA Predicts Record Corn Production](https://feedsoft.ai/events/33113-usda-predicts-record-corn-production.md) | -1.5% | -1.0% |
| SOY | 2023-05-12 | [USDA Predicts Record Corn, Soybean Crops](https://feedsoft.ai/events/5016-usda-predicts-record-corn-soybean-crops.md) | -7.6% | -3.9% |
| SOY | 2025-07-11 | [USDA Lowers New-Crop Corn Ending Stocks More Than Expected in Latest WASDE.](https://feedsoft.ai/events/23706-usda-lowers-new-crop-corn-ending-stocks-more-than-expected-in-latest-wasde.md) | +0.9% | -4.0% |
| SOY | 2023-11-09 | [USDA Predicts Record Corn Production](https://feedsoft.ai/events/33113-usda-predicts-record-corn-production.md) | +2.7% | -2.8% |

## Sources

- feedandgrain.com: https://www.feedandgrain.com/business-markets/commodities/news/15638402/usda-projects-largest-ever-corn-crop-in-november-wasde

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