# Analyst on Friday's "disappointing" USDA report - Brownfield Ag News

> A market analyst called the January 10 USDA report disappointing, noting corn yields were a bushel higher than expected and harvested acres were lowered. He expects corn to stay range-bound, while soybeans may get support from Phase One China purchases. Corn and soybean futures closed about two cents higher.

- Date: 2020-01-10 · published 2020-01-10T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/55023-analyst-on-friday-s-disappointing-usda-report-brownfield-ag-news
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Higher corn yields and a large global production figure cap feed grain rallies, while expected Chinese soybean demand offers some support.

## Read by commodity

- SOY: bullish ▲
- CORN: bearish ▼

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/news/analyst-on-fridays-disappointing-usda-report/

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