# USDA Lowers Corn and Soybean Yields

> USDA cut its 2022 U.S. corn production by 415 million bushels to 13.94 billion, with yield lowered 2.9 bushels to 172.5 per acre. Soybean production was cut 153 million bushels to 4.378 billion, with yield down 1.4 bushels to 50.5.

- Date: 2022-09-12 · published 2022-09-12T12:00:00.000Z
- Category: report · region US · magnitude high
- Page: https://feedsoft.ai/events/39551-usda-lowers-corn-and-soybean-yields
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Smaller U.S. corn and soybean crops reduce available feed grain and protein supplies, supporting prices for corn, soybeans and meal used in feed formulations.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2023-08-11 | [USDA Lowers Corn and Soybean Yields and Production](https://feedsoft.ai/events/12250-usda-lowers-corn-and-soybean-yields-and-production.md) | -5.3% | -4.4% |
| SOY | 2022-10-12 | [USDA Lowers Corn, Soybean Yields Slightly](https://feedsoft.ai/events/39176-usda-lowers-corn-soybean-yields-slightly.md) | -0.3% | +4.9% |
| SOY | 2019-09-12 | [USDA Lowers Corn, Soybean Production and Yield - ProAg](https://feedsoft.ai/events/9896-usda-lowers-corn-soybean-production-and-yield-proag.md) | +4.1% | +8.2% |
| SOY | 2020-09-11 | [USDA Lowers Corn and Soybean Forecasts \| AgWired](https://feedsoft.ai/events/50974-usda-lowers-corn-and-soybean-forecasts-agwired.md) | +4.4% | +6.6% |
| SOY | 2020-11-10 | [USDA Lowers Corn, Soybean and Wheat Ending Stocks](https://feedsoft.ai/events/50091-usda-lowers-corn-soybean-and-wheat-ending-stocks.md) | +4.4% | +3.7% |
| CORN | 2021-01-13 | [USDA Lowers Soybean Stocks and Corn Yield](https://feedsoft.ai/events/49088-usda-lowers-soybean-stocks-and-corn-yield.md) | +2.0% | +7.5% |
| CORN | 2023-08-11 | [USDA Lowers Corn and Soybean Yields and Production](https://feedsoft.ai/events/12250-usda-lowers-corn-and-soybean-yields-and-production.md) | -1.6% | -2.3% |
| CORN | 2022-10-12 | [USDA Lowers Corn, Soybean Yields Slightly](https://feedsoft.ai/events/39176-usda-lowers-corn-soybean-yields-slightly.md) | +1.9% | -1.0% |

## Sources

- grainpricenews.com: https://grainpricenews.com/2022/09/12/soybean-futures-jump-after-us-ditches-hopes-of-record-harvest/
- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/article/2022/09/12/usda-releases-september-crop-wasde

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