# Illinois corn, soybean production drops by roughly 20 percent | Capitol News Illinois

> Final USDA figures show Illinois corn production fell 18.6% and soybean production fell 20.4% in 2019 compared with 2018. Record-wet planting and growing conditions caused the drop, with corn yields at 180 bushels per acre and soybeans at 54.

- Date: 2020-01-11 · published 2020-01-11T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/54938-illinois-corn-soybean-production-drops-by-roughly-20-percent-capitol-news
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Illinois is a leading producer, so the state's sharp decline tightens regional supplies and supports prices, though the figures are largely known to the market.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2020-02-27 | [Central Illinois leads corn and soybean production as numbers decline across state \| Capitol News Illinois](https://feedsoft.ai/events/54451-central-illinois-leads-corn-and-soybean-production-as-numbers-decline-across.md) | +2.6% | -3.7% |
| CORN | 2021-01-12 | [USDA: corn, soybean production up in 2020 - Brownfield Ag News](https://feedsoft.ai/events/49002-usda-corn-soybean-production-up-in-2020-brownfield-ag-news.md) | +5.8% | +11.6% |
| CORN | 2018-07-12 | [USDA Bumps Corn and Soybean Production, Drops Soybean Exports](https://feedsoft.ai/events/63997-usda-bumps-corn-and-soybean-production-drops-soybean-exports.md) | +2.9% | +12.0% |
| CORN | 2022-08-16 | [Drought and Hot Temperatures Negatively Impact European Union Grain Production \| Farm Policy News \| Illinois](https://feedsoft.ai/events/39997-drought-and-hot-temperatures-negatively-impact-european-union-grain-production.md) | -3.7% | +2.5% |
| CORN | 2023-09-07 | [Allendale yield survey shows lower corn, soybean production - Brownfield Ag News](https://feedsoft.ai/events/13249-allendale-yield-survey-shows-lower-corn-soybean-production-brownfield-ag-news.md) | -1.2% | -6.8% |
| SOY | 2020-02-27 | [Central Illinois leads corn and soybean production as numbers decline across state \| Capitol News Illinois](https://feedsoft.ai/events/54451-central-illinois-leads-corn-and-soybean-production-as-numbers-decline-across.md) | +2.0% | +0.1% |
| SOY | 2021-01-12 | [USDA: corn, soybean production up in 2020 - Brownfield Ag News](https://feedsoft.ai/events/49002-usda-corn-soybean-production-up-in-2020-brownfield-ag-news.md) | +0.8% | +2.0% |
| SOY | 2023-09-07 | [Allendale yield survey shows lower corn, soybean production - Brownfield Ag News](https://feedsoft.ai/events/13249-allendale-yield-survey-shows-lower-corn-soybean-production-brownfield-ag-news.md) | -1.8% | -6.4% |

## Sources

- capitolnewsillinois.com: https://capitolnewsillinois.com/news/illinois-corn-soybean-production-drops-by-roughly-20-percent/

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