# USDA raises corn and soy yield forecasts, pushing down price expectations | 2021-09-10  | Agri-Pulse Communications, Inc.

> USDA raised its corn yield forecast to 176.3 bushels per acre, lifting production to 14.996 billion bushels. Corn ending stocks for 2021-22 were raised to 1.408 billion bushels, and soybean yield and acreage forecasts were also revised.

- Date: 2021-09-10 · published 2021-09-10T12:00:00.000Z
- Category: report · region US · magnitude high
- Page: https://feedsoft.ai/events/45108-usda-raises-corn-and-soy-yield-forecasts-pushing-down-price-expectations-2021
- 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

Larger US corn and soybean supplies and higher ending stocks point to lower expected prices for feed grains and soymeal over the coming year.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 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) | -4.5% | -6.5% |
| CORN | 2021-10-12 | [USDA officials increase soybean, corn yield estimates \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/44382-usda-officials-increase-soybean-corn-yield-estimates-agri-pulse-communications.md) | +0.0% | +9.0% |
| CORN | 2023-05-31 | [USDA lowers ag trade forecast for FY 2023 \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/5571-usda-lowers-ag-trade-forecast-for-fy-2023-agri-pulse-communications-inc.md) | -1.8% | +0.1% |
| CORN | 2022-11-30 | [US cuts billions of dollars off of FY 23 ag export forecast \| 2022-11-29 \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/14889-us-cuts-billions-of-dollars-off-of-fy-23-ag-export-forecast-2022-11-29-agri.md) | -3.9% | +1.9% |
| CORN | 2019-08-12 | [USDA trims corn, soybean acres off June estimates \| 2019-08-12 \| Agri-Pulse \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/11741-usda-trims-corn-soybean-acres-off-june-estimates-2019-08-12-agri-pulse-agri.md) | -6.0% | -8.6% |
| SOY | 2021-03-09 | [Corn, soy, wheat ending stocks hold steady for March \| 2021-03-09  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/48068-corn-soy-wheat-ending-stocks-hold-steady-for-march-2021-03-09-agri-pulse.md) | -1.3% | -1.3% |
| 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 | 2021-10-12 | [USDA officials increase soybean, corn yield estimates \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/44382-usda-officials-increase-soybean-corn-yield-estimates-agri-pulse-communications.md) | -0.5% | -4.1% |

## Sources

- agri-pulse.com: https://www.agri-pulse.com/articles/16444-usda-raises-corn-and-soy-yield-forecasts-pushing-down-price-expectations

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