USDA officials increase soybean, corn yield estimates

After 769 past bullish report events, Wheat (SRW) moved a median +0.2% over 5 sessions (53% higher; middle half -1.4% to +2.0%), and +0.2% over 20.

• Apr 9, 2026USDA raises price estimates for several commodities | Agri-Pulse Communications, Inc.+3.1%
• Dec 8, 2023USDA trims forecast for soybean, wheat supplies | Agri-Pulse Communications, Inc.-4.0%
• Jun 12, 2024WASDE: Soybean ending stock expectations increased, while wheat lower and corn steady | Agri-Pulse Communications, Inc.-2.1%
• Aug 21, 2020Pro Farmer Estimates National Corn and Soybeans Yields Below USDA Forecasts+3.1%
• Feb 19, 2026USDA chief economist: Economic headwinds to ease slightly in 2026 | Agri-Pulse Communications, Inc.+1.8%

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

• Sep 12, 2018USDA Pushes Corn, Soybean Yield Estimates Higher-0.8%
• Aug 10, 2017Bearish USDA crop report shakes corn and soybean sectors | 2017-08-10 | Agri-Pulse | Agri-Pulse Communications, Inc.-4.3%
• Sep 10, 2021USDA raises corn and soy yield forecasts, pushing down price expectations | 2021-09-10 | Agri-Pulse Communications, Inc.+3.0%
• Jun 12, 2024WASDE: Soybean ending stock expectations increased, while wheat lower and corn steady | Agri-Pulse Communications, Inc.-0.3%
• Sep 12, 2017USDA raises corn, soybean production, yield estimates - Brownfield Ag News+1.4%

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.

• Aug 12, 2019USDA trims corn, soybean acres off June estimates | 2019-08-12 | Agri-Pulse | Agri-Pulse Communications, Inc.-6.0%
• Sep 12, 2018USDA Pushes Corn, Soybean Yield Estimates Higher-2.5%
• Dec 9, 2022USDA’s WASDE leaves most grain and oilseed estimates unchanged | Agri-Pulse Communications, Inc.+1.9%
• Aug 10, 2017Bearish USDA crop report shakes corn and soybean sectors | 2017-08-10 | Agri-Pulse | Agri-Pulse Communications, Inc.-4.5%
• Jun 30, 2023More corn, less soybeans revealed in USDA crop acreage, grain stocks reports | Agri-Pulse Communications, Inc.-2.3%

After 399 past bearish report events, Soybean Meal 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%
• Sep 10, 2021USDA raises corn and soy yield forecasts, pushing down price expectations | 2021-09-10 | Agri-Pulse Communications, Inc.+1.7%
• Sep 12, 2025USDA Ups Corn and Soybean Production Estimates-1.4%
• Jun 29, 2018Will USDA Increase Corn, Soybean Yields in July WASDE?+2.5%
• May 13, 2021USDA increases soybean product ending stocks estimates - Brownfield Ag News-9.3%