# USDA snafu derails report

> USDA's November crop report was delayed by a release problem, and the corn figures were then published. Corn production was cut to 13.661 billion bushels, with yield at 167.0 bpa, while soybean production was unchanged at 46.9 bpa. Corn prices rose as the cut came in.

- Date: 2019-11-08 · published 2019-11-08T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/56016-usda-snafu-derails-report
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

A lower corn crop estimate than October tightens the U.S. corn supply, which supports feed corn prices. Soybeans were unchanged on production and traded lower.

## Read by commodity

- SOY: bearish ▼
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2024-11-08 | [USDA Reports Summary](https://feedsoft.ai/events/13133-usda-reports-summary.md) | -1.4% | -2.0% |
| CORN | 2019-09-12 | [USDA Reports Summary](https://feedsoft.ai/events/57011-usda-reports-summary.md) | +4.8% | +9.0% |
| CORN | 2021-08-12 | [USDA Reports Summary](https://feedsoft.ai/events/12611-usda-reports-summary.md) | +0.7% | -7.7% |
| CORN | 2020-07-10 | [USDA Reports Summary](https://feedsoft.ai/events/52075-usda-reports-summary.md) | -4.9% | -7.5% |
| CORN | 2022-02-09 | [USDA Reports Summary](https://feedsoft.ai/events/42673-usda-reports-summary.md) | +0.5% | +15.2% |
| SOY | 2021-06-10 | [USDA Report Recap](https://feedsoft.ai/events/46510-usda-report-recap.md) | -7.3% | -11.0% |
| SOY | 2018-10-11 | [USDA Reports Summary](https://feedsoft.ai/events/62479-usda-reports-summary.md) | +3.9% | +1.8% |
| SOY | 2017-03-09 | [USDA Reports Flash](https://feedsoft.ai/events/71937-usda-reports-flash.md) | -1.3% | -6.6% |

## Sources

- farmprogress.com: https://www.farmprogress.com/farm-business/usda-snafu-derails-report

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