# Futures gyrate with mixed reports

> Grain futures traded mixed after USDA's September WASDE, which held corn acreage steady at 90 million planted and 82 million harvested while cutting corn yield to 168.1 bpa. Lower soybean production and carryout were offset by bearish corn numbers.

- Date: 2019-09-12 · published 2019-09-12T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/57012-futures-gyrate-with-mixed-reports
- 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

The yield cut tightens the 2019/20 corn supply, but higher old-crop carryout limits the price response. Soybean production cuts support soymeal and feed costs.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲
- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-02-08 | [Futures mixed after USDA reports](https://feedsoft.ai/events/60560-futures-mixed-after-usda-reports.md) | +0.8% | -2.1% |
| CORN | 2026-06-30 | [Grain futures rally as USDA acreage report delivers mixed signals](https://feedsoft.ai/events/18830-grain-futures-rally-as-usda-acreage-report-delivers-mixed-signals.md) | +5.7% | +8.7% |
| CORN | 2024-07-15 | [Farm Futures afternoon market report](https://feedsoft.ai/events/9367-farm-futures-afternoon-market-report.md) | -1.5% | -2.1% |
| CORN | 2017-09-29 | [USDA Reports Flash](https://feedsoft.ai/events/68898-usda-reports-flash.md) | +3.1% | +2.4% |
| CORN | 2017-05-10 | [USDA Reports Flash](https://feedsoft.ai/events/70935-usda-reports-flash.md) | +0.3% | +2.4% |
| SOY | 2019-10-10 | [Mixed reports churn markets](https://feedsoft.ai/events/8768-mixed-reports-churn-markets.md) | +0.5% | -0.9% |
| SOY | 2019-07-11 | [USDA reports offer mixed view](https://feedsoft.ai/events/58044-usda-reports-offer-mixed-view.md) | -1.2% | -5.0% |
| SOY | 2020-01-13 | [USDA reports offer mixed signals \| 2020-01-13  \| World Grain](https://feedsoft.ai/events/55020-usda-reports-offer-mixed-signals-2020-01-13-world-grain.md) | -0.6% | -5.4% |

## Sources

- feedstuffs.com: https://www.feedstuffs.com/market-news/futures-gyrate-with-mixed-reports

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