# USDA Reports Summary

> USDA's September WASDE cut the 2019 U.S. corn yield to 168.2 bushels per acre and production to 13.799 billion bushels, while soybean yield fell to 47.9 bpa and production to 3.633 billion bushels. Corn and soybean ending stocks estimates were mixed in their implications for prices.

- Date: 2019-09-12 · published 2019-09-12T12:00:00.000Z
- Category: report · region US · magnitude high
- Page: https://feedsoft.ai/events/57011-usda-reports-summary
- 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

Lower U.S. production estimates tighten the new-crop feed grain and soybean supply, supporting corn, soybean and soymeal prices. Bearish corn stocks offset part of the effect.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲
- 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 | 2021-08-12 | [USDA Reports Summary](https://feedsoft.ai/events/12611-usda-reports-summary.md) | +0.7% | -7.7% |
| CORN | 2022-02-09 | [USDA Reports Summary](https://feedsoft.ai/events/42673-usda-reports-summary.md) | +0.5% | +15.2% |
| CORN | 2020-07-10 | [USDA Reports Summary](https://feedsoft.ai/events/52075-usda-reports-summary.md) | -4.9% | -7.5% |
| CORN | 2022-08-12 | [USDA Reports Review](https://feedsoft.ai/events/13340-usda-reports-review.md) | -0.7% | -1.6% |
| SOY | 2024-11-08 | [USDA Reports Summary](https://feedsoft.ai/events/13133-usda-reports-summary.md) | -2.9% | -2.1% |
| SOY | 2022-02-09 | [USDA Reports Summary](https://feedsoft.ai/events/42673-usda-reports-summary.md) | -1.1% | +7.5% |
| SOY | 2022-10-12 | [USDA Reports Review](https://feedsoft.ai/events/39097-usda-reports-review.md) | -0.3% | +4.9% |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/article/2019/09/12/usda-releases-september-crop-wasde?referrer=twitter

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