# Australian winter crop teetering as it enters spring - Grain Central

> The Pro Farmer Crop Tour estimated US corn yield at 163.3 bu/ac, 3.7% below the USDA's 169.5 bu/ac, and soybean yield at 46.1 bu/ac, 4.9% below USDA's 48.5. Total corn production was put at 13.358 billion bushels and soybeans at 3.497 billion bushels. Scouts reported corn maturity up to three weeks behind average in the eastern Corn Belt.

- Date: 2019-08-27 · published 2019-08-27T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/57533-australian-winter-crop-teetering-as-it-enters-spring-grain-central
- 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

Yield estimates well below USDA figures point to tighter US corn and soybean supplies, supporting feed grain and soymeal prices into the new marketing year.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2023-01-13 | [USDA's WASDE trims South American corn crops - Grain Central](https://feedsoft.ai/events/37741-usda-s-wasde-trims-south-american-corn-crops-grain-central.md) | +0.4% | +0.2% |
| CORN | 2019-11-11 | [Wheat crops bigger, corn smaller, mirroring stock outlooks: USDA - Grain Central](https://feedsoft.ai/events/56012-wheat-crops-bigger-corn-smaller-mirroring-stock-outlooks-usda-grain-central.md) | -1.0% | -3.2% |
| CORN | 2021-05-05 | [Prices higher, corn continues tight: IGC - Grain Central](https://feedsoft.ai/events/47118-prices-higher-corn-continues-tight-igc-grain-central.md) | +1.4% | -4.0% |
| CORN | 2020-10-01 | [Grain Bins Not As Full At Close Of Marketing Year - Central Mo Info](https://feedsoft.ai/events/50701-grain-bins-not-as-full-at-close-of-marketing-year-central-mo-info.md) | -0.3% | +6.4% |
| CORN | 2020-10-01 | [Daily Market Wire 1 October 2020 - Grain Central](https://feedsoft.ai/events/50597-daily-market-wire-1-october-2020-grain-central.md) | -0.3% | +6.4% |
| SOY | 2023-01-13 | [USDA's WASDE trims South American corn crops - Grain Central](https://feedsoft.ai/events/37741-usda-s-wasde-trims-south-american-corn-crops-grain-central.md) | -1.5% | +0.8% |
| SOY | 2020-10-01 | [Grain Bins Not As Full At Close Of Marketing Year - Central Mo Info](https://feedsoft.ai/events/50701-grain-bins-not-as-full-at-close-of-marketing-year-central-mo-info.md) | +2.7% | +3.3% |
| SOY | 2021-02-16 | [The USDA tried, but it still missed the mark on China - Grain Central](https://feedsoft.ai/events/48593-the-usda-tried-but-it-still-missed-the-mark-on-china-grain-central.md) | +0.9% | +3.5% |

## Sources

- graincentral.com: https://www.graincentral.com/cropping/australian-winter-crop-teetering-as-it-enters-spring/

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