# [Article Headline] | 2019-05-10 | Agri-Pulse | Agri-Pulse Communications, Inc.

> USDA kept its 2019 corn yield at the trend level of 176 bushels per acre despite planting delays, and projected 2019-20 corn ending stocks at 2.48 billion bushels. Soybean ending stocks were projected to fall 25 million bushels to 970 million, with the soybean crop cut to 4.15 billion bushels. Analysts said USDA had lowered corn ethanol use by 50 million bushels without changing exports.

- Date: 2019-05-10 · published 2019-05-10T12:00:00.000Z
- Category: report · region US · magnitude high
- Page: https://feedsoft.ai/events/59045-article-headline-2019-05-10-agri-pulse-agri-pulse-communications-inc
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

A trend yield despite slow planting leaves room for later downward yield revisions, but current projected supplies still weigh on corn prices and the soybean crop cut partly supports soybean prices.

## Read by commodity

- SOY: neutral
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-08-12 | [USDA trims corn, soybean acres off June estimates \| 2019-08-12 \| Agri-Pulse \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/11741-usda-trims-corn-soybean-acres-off-june-estimates-2019-08-12-agri-pulse-agri.md) | -6.0% | -8.6% |
| CORN | 2023-05-31 | [USDA lowers ag trade forecast for FY 2023 \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/5571-usda-lowers-ag-trade-forecast-for-fy-2023-agri-pulse-communications-inc.md) | -1.8% | +0.1% |
| CORN | 2019-03-08 | [Trade turns to weather as potential market mover \| 2019-03-08 \| Agri-Pulse \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/60044-trade-turns-to-weather-as-potential-market-mover-2019-03-08-agri-pulse-agri.md) | +0.8% | +0.8% |
| CORN | 2020-03-11 | [‘Benign’ WASDE makes minimal changes in numbers \| 2020-03-10  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/54093-benign-wasde-makes-minimal-changes-in-numbers-2020-03-10-agri-pulse.md) | -6.0% | -3.6% |
| CORN | 2021-01-06 | [USDA: Mexican stance against GMO hurts farmers \| 2021-01-05  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/49132-usda-mexican-stance-against-gmo-hurts-farmers-2021-01-05-agri-pulse.md) | +5.2% | +12.7% |
| SOY | 2018-12-12 | [Few surprises in last WASDE of 2018 \| 2018-12-11 \| Agri-Pulse \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/61508-few-surprises-in-last-wasde-of-2018-2018-12-11-agri-pulse-agri-pulse.md) | -0.8% | -2.1% |
| SOY | 2019-08-30 | [Trade mitigation payments boost farm income \| 2019-08-30  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/57599-trade-mitigation-payments-boost-farm-income-2019-08-30-agri-pulse.md) | -1.3% | +3.1% |
| SOY | 2019-08-12 | [USDA trims corn, soybean acres off June estimates \| 2019-08-12 \| Agri-Pulse \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/11741-usda-trims-corn-soybean-acres-off-june-estimates-2019-08-12-agri-pulse-agri.md) | -0.7% | -3.3% |

## Sources

- agri-pulse.com: https://www.agri-pulse.com/articles/12187-article-headline

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