# Corn futures fall after higher U.S. yield estimate surprises traders | Financial Post

> US corn futures fell to their lowest in more than a week after USDA raised its corn yield estimate to 168.4 bushels per acre, above analysts' expectations of 167.5. USDA cut its soybean yield to 46.9 bushels per acre, below the 47.3 expected, pushing soybeans to their highest since July.

- Date: 2019-10-10 · published 2019-10-10T12:00:00.000Z
- Category: report · region US · magnitude high
- Page: https://feedsoft.ai/events/56587-corn-futures-fall-after-higher-u-s-yield-estimate-surprises-traders-financial
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

A larger corn yield adds supply and pressures corn prices, while the smaller soybean yield tightens soy balance sheets and supports soybean and soymeal values.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2018-09-12 | [USDA Pushes Corn, Soybean Yield Estimates Higher](https://feedsoft.ai/events/62988-usda-pushes-corn-soybean-yield-estimates-higher.md) | -2.5% | -0.1% |
| CORN | 2026-10-28 | [Corn falls most since 2023 after US makes surprise crop estimate \|  Bloomberg News](https://feedsoft.ai/events/64-corn-falls-most-since-2023-after-us-makes-surprise-crop-estimate-bloomberg-news.md) | -0.5% | — |
| CORN | 2026-06-18 | [Futures Fall After June WASDE Reveals Higher Corn Stocks](https://feedsoft.ai/events/18734-futures-fall-after-june-wasde-reveals-higher-corn-stocks.md) | -1.2% | +0.1% |
| CORN | 2022-10-11 | [Wheat, corn futures slip ahead of key USDA crop forecasts \| Financial Post](https://feedsoft.ai/events/5088-wheat-corn-futures-slip-ahead-of-key-usda-crop-forecasts-financial-post.md) | +1.6% | -0.7% |
| CORN | 2026-01-13 | [Corn sinks to 3-month low after USDA surprises market with supply estimates \| Stock Market News](https://feedsoft.ai/events/7090-corn-sinks-to-3-month-low-after-usda-surprises-market-with-supply-estimates.md) | +0.6% | +1.4% |
| SOY | 2021-06-30 | [Corn, soy extend rally after USDA acreage surprise \| Financial Post](https://feedsoft.ai/events/46087-corn-soy-extend-rally-after-usda-acreage-surprise-financial-post.md) | +2.0% | +5.3% |
| SOY | 2022-10-12 | [Soybeans rally after USDA cuts U.S. harvest outlook \| Financial Post](https://feedsoft.ai/events/39163-soybeans-rally-after-usda-cuts-u-s-harvest-outlook-financial-post.md) | -0.3% | +4.9% |
| SOY | 2022-10-11 | [Wheat, corn futures slip ahead of key USDA crop forecasts \| Financial Post](https://feedsoft.ai/events/5088-wheat-corn-futures-slip-ahead-of-key-usda-crop-forecasts-financial-post.md) | +0.8% | +4.8% |

## Sources

- financialpost.com: https://financialpost.com/pmn/business-pmn/corn-futures-fall-after-higher-u-s-yield-estimate-surprises-traders

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