# Huge U.S. Crops Show Technology Matters More Than Record Rains | 2020-01-14  | SupplyChainBrain

> Bloomberg reports that U.S. corn and soybean yields were raised in the USDA's January crop report, defying analyst expectations of a decline. Analysts credited genetically modified seed, precision tools and inputs for resilience despite record rains and late planting.

- Date: 2020-01-14 · published 2020-01-14T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/54940-huge-u-s-crops-show-technology-matters-more-than-record-rains-2020-01-14
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Stronger yields than expected add to supply and weigh on corn and soybean prices, and suggest that weather risk may be priced less heavily going forward.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2024-08-22 | [Record US soybean crop forecast in 2024 \| World Grain](https://feedsoft.ai/events/28788-record-us-soybean-crop-forecast-in-2024-world-grain.md) | -2.2% | +6.2% |
| CORN | 2023-07-17 | [Can rains save 2023 crops?](https://feedsoft.ai/events/7055-can-rains-save-2023-crops.md) | -8.6% | -12.6% |
| CORN | 2025-08-12 | [USDA Ups 2025 Corn Production More Than Expected in Latest Crop Production Report](https://feedsoft.ai/events/23262-usda-ups-2025-corn-production-more-than-expected-in-latest-crop-production.md) | +0.0% | +4.3% |
| CORN | 2026-01-12 | [USDA Raises 2025 Corn Production to More Than 17 BB](https://feedsoft.ai/events/20996-usda-raises-2025-corn-production-to-more-than-17-bb.md) | -2.8% | -1.7% |
| CORN | 2019-07-26 | [Brazilian technology and super corn harvest - Revista Cultivar](https://feedsoft.ai/events/57933-brazilian-technology-and-super-corn-harvest-revista-cultivar.md) | -2.2% | -10.6% |
| SOY | 2024-08-22 | [Record US soybean crop forecast in 2024 \| World Grain](https://feedsoft.ai/events/28788-record-us-soybean-crop-forecast-in-2024-world-grain.md) | -0.5% | +5.2% |
| SOY | 2017-06-09 | [Crops dip, recover after USDA’s bearish supply numbers](https://feedsoft.ai/events/70427-crops-dip-recover-after-usda-s-bearish-supply-numbers.md) | -0.3% | +6.2% |
| SOY | 2024-08-12 | [U.S. grains: Soybeans fall to four-year low on record U.S. crop estimate - Manitoba Co-operator](https://feedsoft.ai/events/10466-u-s-grains-soybeans-fall-to-four-year-low-on-record-u-s-crop-estimate-manitoba.md) | -8.7% | -2.7% |

## Sources

- supplychainbrain.com: https://www.supplychainbrain.com/articles/30719-huge-us-crops-show-technology-matters-more-than-record-rains

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