# November WASDE report shows bearish for corn; neutral for soybeans - Messenger News

> DTN analyst Todd Hultman described the November WASDE as bearish for corn because ending stocks came in above expectations, and neutral for soybeans. Corn yield was cut from 168.4 to 167 bushels per acre, close to trade expectations. Attention is now on the January report.

- Date: 2019-11-17 · published 2019-11-17T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/56022-november-wasde-report-shows-bearish-for-corn-neutral-for-soybeans-messenger-news
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Ending stocks above expectations keep corn prices under pressure despite the yield cut, and the soybean balance is steady. The January update is the next major driver.

## Read by commodity

- SOY: neutral
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2023-07-12 | [USDA Report Bearish News for Corn and Soybeans](https://feedsoft.ai/events/34982-usda-report-bearish-news-for-corn-and-soybeans.md) | -5.7% | -8.7% |
| CORN | 2024-01-15 | [Bearish Surprises for Corn and Soybeans in Latest WASDE Report](https://feedsoft.ai/events/32062-bearish-surprises-for-corn-and-soybeans-in-latest-wasde-report.md) | +0.8% | -4.7% |
| CORN | 2023-07-13 | [Bearish WASDE Report Impacting Corn, Soybeans, and Wheat](https://feedsoft.ai/events/34985-bearish-wasde-report-impacting-corn-soybeans-and-wheat.md) | -1.6% | -7.1% |
| CORN | 2019-04-09 | [WASDE Bearish as Expected on Corn and Wheat, Neutral on Soybeans](https://feedsoft.ai/events/59543-wasde-bearish-as-expected-on-corn-and-wheat-neutral-on-soybeans.md) | +1.8% | -0.5% |
| CORN | 2021-05-12 | [New-Crop December Corn Falters on Bearish WASDE; Soybeans Maintain Strong Gains](https://feedsoft.ai/events/7468-new-crop-december-corn-falters-on-bearish-wasde-soybeans-maintain-strong-gains.md) | -7.8% | -3.3% |
| SOY | 2019-04-09 | [WASDE Bearish as Expected on Corn and Wheat, Neutral on Soybeans](https://feedsoft.ai/events/59543-wasde-bearish-as-expected-on-corn-and-wheat-neutral-on-soybeans.md) | -0.0% | -9.0% |
| SOY | 2025-09-16 | [Corn futures rally despite bearish WASDE report](https://feedsoft.ai/events/6852-corn-futures-rally-despite-bearish-wasde-report.md) | -3.0% | -3.4% |
| SOY | 2020-07-13 | [July WASDE report has few surprises for soybeans](https://feedsoft.ai/events/52162-july-wasde-report-has-few-surprises-for-soybeans.md) | +0.7% | -2.4% |

## Sources

- messengernews.net: https://www.messengernews.net/news/local-business/2019/11/november-wasde-report-shows-bearish-for-corn-neutral-for-soybeans/

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