# USDA officials increase soybean, corn yield estimates | Agri-Pulse Communications, Inc.

> USDA's October WASDE raised the 2021/22 U.S. soybean yield to 51.5 bushels per acre from 50.6 and lifted soybean ending stocks by 135 million bushels to 320 million. Corn yield was raised slightly to 176.5 bushels per acre, and corn ending stocks rose to about 1.5 billion bushels.

- Date: 2021-10-12 · published 2021-10-12T12:00:00.000Z
- Category: report · region US · magnitude high
- Page: https://feedsoft.ai/events/44382-usda-officials-increase-soybean-corn-yield-estimates-agri-pulse-communications
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

The large upward revision to soybean supply removes most of the tightness in the balance sheet, which is bearish for soybeans and soybean meal. Ample corn supplies also reduce pressure on feed grain prices.

## Read by commodity

- SBM: bearish ▼
- SBO: bearish ▼
- SOY: bearish ▼
- CORN: bearish ▼
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2026-04-09 | [USDA raises price estimates for several commodities \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/19801-usda-raises-price-estimates-for-several-commodities-agri-pulse-communications.md) | +3.1% | +0.1% |
| WHEAT | 2023-12-08 | [USDA trims forecast for soybean, wheat supplies \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/32633-usda-trims-forecast-for-soybean-wheat-supplies-agri-pulse-communications-inc.md) | -4.0% | +1.2% |
| WHEAT | 2024-06-12 | [WASDE: Soybean ending stock expectations increased, while wheat lower and corn steady \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/29691-wasde-soybean-ending-stock-expectations-increased-while-wheat-lower-and-corn.md) | -2.1% | -3.3% |
| WHEAT | 2020-08-21 | [Pro Farmer Estimates National Corn and Soybeans Yields Below USDA Forecasts](https://feedsoft.ai/events/51456-pro-farmer-estimates-national-corn-and-soybeans-yields-below-usda-forecasts.md) | +3.1% | +11.3% |
| WHEAT | 2026-02-19 | [USDA chief economist: Economic headwinds to ease slightly in 2026 \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/20622-usda-chief-economist-economic-headwinds-to-ease-slightly-in-2026-agri-pulse.md) | +1.8% | +3.6% |
| SOY | 2018-09-12 | [USDA Pushes Corn, Soybean Yield Estimates Higher](https://feedsoft.ai/events/62988-usda-pushes-corn-soybean-yield-estimates-higher.md) | -0.8% | +5.2% |
| SOY | 2017-08-10 | [Bearish USDA crop report shakes corn and soybean sectors \| 2017-08-10 \| Agri-Pulse \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/69393-bearish-usda-crop-report-shakes-corn-and-soybean-sectors-2017-08-10-agri-pulse.md) | -4.3% | +0.0% |
| SOY | 2021-09-10 | [USDA raises corn and soy yield forecasts, pushing down price expectations \| 2021-09-10  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/45108-usda-raises-corn-and-soy-yield-forecasts-pushing-down-price-expectations-2021.md) | +3.0% | -0.9% |

## Sources

- agri-pulse.com: https://www.agri-pulse.com/articles/16623-usda-officials-increase-soybean-corn-yield-estimates
- agweek.com: https://www.agweek.com/business/october-wasde-holds-a-mixed-bag-for-the-grain-markets
- farmprogress.com: https://www.farmprogress.com/crops/bin-busting-soybean-crop-eases-supply-worries

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