# USDA Expects Record Corn Crop

> The USDA projected a record 15.3 billion bushel US corn crop at 181.8 bu/acre and a record soybean yield of 53.3 bu/acre. Ending stocks for 2020-21 rose to 2.76 billion bushels, toward the high end of expectations. The farm-gate price estimate was lowered.

- Date: 2020-08-12 · published 2020-08-12T12:00:00.000Z
- Category: report · region US · magnitude high
- Page: https://feedsoft.ai/events/51548-usda-expects-record-corn-crop
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Record production and higher carryout signal ample feed grain supplies and downward pressure on prices into harvest.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2023-05-12 | [USDA Predicts Record Corn, Soybean Crops](https://feedsoft.ai/events/5016-usda-predicts-record-corn-soybean-crops.md) | -8.7% | -8.7% |
| CORN | 2023-05-24 | [Brazil expects record second corn crop - DatamarNews](https://feedsoft.ai/events/13647-brazil-expects-record-second-corn-crop-datamarnews.md) | -3.4% | -0.1% |
| CORN | 2019-04-09 | [USDA Expects Larger Corn Stocks](https://feedsoft.ai/events/11376-usda-expects-larger-corn-stocks.md) | +1.8% | -0.5% |
| CORN | 2024-08-12 | [USDA Forecasts Record Soybean Crop](https://feedsoft.ai/events/28713-usda-forecasts-record-soybean-crop.md) | -1.6% | +1.4% |
| CORN | 2023-11-09 | [USDA Predicts Record Corn Production](https://feedsoft.ai/events/33113-usda-predicts-record-corn-production.md) | -1.5% | -1.0% |
| SOY | 2023-05-12 | [USDA Predicts Record Corn, Soybean Crops](https://feedsoft.ai/events/5016-usda-predicts-record-corn-soybean-crops.md) | -7.6% | -3.9% |
| SOY | 2024-08-12 | [USDA Forecasts Record Soybean Crop](https://feedsoft.ai/events/28713-usda-forecasts-record-soybean-crop.md) | -8.7% | -2.7% |
| SOY | 2023-11-09 | [USDA Predicts Record Corn Production](https://feedsoft.ai/events/33113-usda-predicts-record-corn-production.md) | +2.7% | -2.8% |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/article/2020/08/12/usda-expects-record-corn-crop

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