# A look at the August WASDE – Ohio Ag Net | Ohio's Country Journal

> The August 11 USDA WASDE put US corn production at 15.111 billion bushels, with yield at 175.1 bpa. US soybean production was 4.205 billion bushels, down 95 million bushels from July. The report was viewed as neutral and close to trade expectations.

- Date: 2023-08-15 · published 2023-08-15T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/5616-a-look-at-the-august-wasde-ohio-ag-net-ohio-s-country-journal
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

The estimates were close to trade expectations, so they did not change the supply outlook much. Prices closed mixed on the day.

## Read by commodity

- SOY: neutral
- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2021-03-09 | [Mixed March 9 USDA WASDE numbers – Ohio Ag Net \| Ohio's Country Journal](https://feedsoft.ai/events/48071-mixed-march-9-usda-wasde-numbers-ohio-ag-net-ohio-s-country-journal.md) | -10.3% | -1.3% |
| CORN | 2023-02-08 | [Neutral WASDE report maintains expectations – Ohio Ag Net \| Ohio's Country Journal](https://feedsoft.ai/events/37265-neutral-wasde-report-maintains-expectations-ohio-ag-net-ohio-s-country-journal.md) | -0.3% | -4.2% |
| CORN | 2017-05-10 | [Not bearish, neutral to friendly – Ohio Ag Net \| Ohio's Country Journal](https://feedsoft.ai/events/70937-not-bearish-neutral-to-friendly-ohio-ag-net-ohio-s-country-journal.md) | +0.3% | +2.4% |
| CORN | 2020-06-16 | [Weather, China and soybean crush key market factors – Ohio Ag Net \| Ohio's Country Journal](https://feedsoft.ai/events/11070-weather-china-and-soybean-crush-key-market-factors-ohio-ag-net-ohio-s-country.md) | -0.0% | +0.5% |
| CORN | 2020-08-12 | [August WASDE report Black Sea commentary - The Sizov Report blog](https://feedsoft.ai/events/51459-august-wasde-report-black-sea-commentary-the-sizov-report-blog.md) | +3.8% | +8.3% |
| SOY | 2016-07-18 | [Taking a look at the role of USDA reports in the market  – Ohio Ag Net \| Ohio's Country Journal](https://feedsoft.ai/events/4944-taking-a-look-at-the-role-of-usda-reports-in-the-market-ohio-ag-net-ohio-s.md) | -6.2% | -6.5% |
| SOY | 2022-03-01 | [ERS estimates of retaliatory tariffs on U.S. agriculture – Ohio Ag Net \| Ohio's Country Journal](https://feedsoft.ai/events/14950-ers-estimates-of-retaliatory-tariffs-on-u-s-agriculture-ohio-ag-net-ohio-s.md) | +1.8% | +1.2% |
| SOY | 2018-02-08 | [Report confusing, negative numbers not killing soybeans – Ohio Ag Net \| Ohio's Country Journal](https://feedsoft.ai/events/66446-report-confusing-negative-numbers-not-killing-soybeans-ohio-ag-net-ohio-s.md) | +3.5% | +7.2% |

## Sources

- ocj.com: https://ocj.com/2023/08/a-look-at-the-august-wasde/

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