# The Corn Yields in Better Soils Are Surprisingly Good, Analyst Says

> Analyst commentary on the October USDA report says corn and soybean yields were raised, along with ending stocks, and that the report was bearish for both crops. Soybean ending stocks roughly doubled to 320 million bushels, while wheat ending stocks were cut 35 million bushels to 580 million, the lowest in the series.

- Date: 2021-10-12 · published 2021-10-12T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/44384-the-corn-yields-in-better-soils-are-surprisingly-good-analyst-says
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Bigger soybean and corn stocks reduce competition for acres next year and weigh on feed grain and meal prices. Tighter wheat supplies support wheat prices and could raise feed costs for wheat-based rations.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2024-01-12 | [Corn and Soybean Prices Tank After USDA Report Makes Surprising Revisions to Yield - AgWeb](https://feedsoft.ai/events/32065-corn-and-soybean-prices-tank-after-usda-report-makes-surprising-revisions-to.md) | -1.5% | -3.9% |
| SOY | 2018-09-21 | [Surprising Drop in Prices of Corn, Soybeans, and Soy Meal – Lider Media](https://feedsoft.ai/events/62927-surprising-drop-in-prices-of-corn-soybeans-and-soy-meal-lider-media.md) | +0.6% | +1.6% |
| SOY | 2022-01-18 | [These 13 States Had Record Corn and Soybean Yields in 2021 - AgWeb](https://feedsoft.ai/events/13393-these-13-states-had-record-corn-and-soybean-yields-in-2021-agweb.md) | +3.4% | +15.7% |
| SOY | 2023-11-14 | [Yields Better than Expected Despite Drought in Many Counties - Morning Ag Clips](https://feedsoft.ai/events/13234-yields-better-than-expected-despite-drought-in-many-counties-morning-ag-clips.md) | -0.1% | -3.2% |
| SOY | 2024-01-17 | [2023 Corn and Soybean Yields](https://feedsoft.ai/events/13212-2023-corn-and-soybean-yields.md) | +1.0% | -3.3% |
| CORN | 2024-01-12 | [Corn and Soybean Prices Tank After USDA Report Makes Surprising Revisions to Yield - AgWeb](https://feedsoft.ai/events/32065-corn-and-soybean-prices-tank-after-usda-report-makes-surprising-revisions-to.md) | -0.9% | -5.5% |
| CORN | 2018-09-21 | [Surprising Drop in Prices of Corn, Soybeans, and Soy Meal – Lider Media](https://feedsoft.ai/events/62927-surprising-drop-in-prices-of-corn-soybeans-and-soy-meal-lider-media.md) | +3.0% | +4.1% |
| CORN | 2022-01-18 | [These 13 States Had Record Corn and Soybean Yields in 2021 - AgWeb](https://feedsoft.ai/events/13393-these-13-states-had-record-corn-and-soybean-yields-in-2021-agweb.md) | +2.5% | +9.1% |

## Sources

- agriculture.com: https://www.agriculture.com/markets/analysis/crops/the-corn-yields-in-better-soils-are-surprisingly-good-analyst-says

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