# IEG Vantage Forecasts Stronger U.S. Crop Yields Ahead of November WASDE | Red River Farm Network

> IEG Vantage raised its corn yield estimate to 168.6 bushels per acre and its soybean estimate to 47 bushels per acre ahead of USDA's November WASDE. Both figures are slightly above USDA's current numbers.

- Date: 2019-11-04 · published 2019-11-04T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/55894-ieg-vantage-forecasts-stronger-u-s-crop-yields-ahead-of-november-wasde-red
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Higher private yield forecasts point to larger US supplies than USDA's current figures, which is mildly bearish for corn and soybean prices ahead of the report.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2023-11-09 | [November 'WASDE' Report: Steady Cattle Prices Forecast; Corn Prices Lowered \| Cattle Range News](https://feedsoft.ai/events/33328-november-wasde-report-steady-cattle-prices-forecast-corn-prices-lowered-cattle.md) | -1.5% | -1.0% |
| CORN | 2021-05-12 | [Grain Traders Already Questioning USDA’s WASDE Report \| Red River Farm Network](https://feedsoft.ai/events/47041-grain-traders-already-questioning-usda-s-wasde-report-red-river-farm-network.md) | -7.8% | -3.3% |
| CORN | 2019-12-18 | [U.S. Farm Income Outlook: November 2019 Forecast](https://feedsoft.ai/events/55428-u-s-farm-income-outlook-november-2019-forecast.md) | -0.1% | -1.9% |
| CORN | 2026-10-01 | [A Bearish Surprise \| Red River Farm Network](https://feedsoft.ai/events/17069-a-bearish-surprise-red-river-farm-network.md) | -1.2% | -6.7% |
| CORN | 2024-09-12 | [USDA Forecasts Record Corn Yield of 183.6 BPA in September Report](https://feedsoft.ai/events/28256-usda-forecasts-record-corn-yield-of-183-6-bpa-in-september-report.md) | +4.9% | +5.1% |
| SOY | 2026-08-12 | [WASDE Report Released \| Red River Farm Network](https://feedsoft.ai/events/17856-wasde-report-released-red-river-farm-network.md) | +4.6% | +12.9% |
| SOY | 2019-12-18 | [U.S. Farm Income Outlook: November 2019 Forecast](https://feedsoft.ai/events/55428-u-s-farm-income-outlook-november-2019-forecast.md) | +0.8% | -0.5% |
| SOY | 2023-07-12 | [Wheat, Soybean Carryover Larger Than Expected \| Red River Farm Network](https://feedsoft.ai/events/34983-wheat-soybean-carryover-larger-than-expected-red-river-farm-network.md) | -1.9% | -6.0% |

## Sources

- rrfn.com: https://www.rrfn.com/2019/11/04/ieg-vantage-forecasts-stronger-u-s-crop-yields-ahead-of-november-wasde/

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