# Reaction to Much-Anticipated Reports Not Quite What Expected - ProAg

> ProAg republished a report on the February USDA releases, noting that markets reacted with a shrug. USDA lowered corn yield to 176.4 bushels per acre and cut 2018 corn production to 14.42 billion bushels. Winter wheat seedings were reduced to the lowest level since 1909.

- Date: 2019-02-11 · published 2019-02-11T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/60554-reaction-to-much-anticipated-reports-not-quite-what-expected-proag
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

The reduced corn crop and lower usage offset each other, leaving little net price impact for feed corn. Winter wheat seedings at a century low point to tighter future wheat supplies.

## Read by commodity

- SOY: neutral
- CORN: neutral
- WHEAT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-02-08 | [Reaction to Much-Anticipated Reports Not Quite What Expected](https://feedsoft.ai/events/60551-reaction-to-much-anticipated-reports-not-quite-what-expected.md) | +0.8% | -2.1% |
| CORN | 2023-06-20 | [Not much action in USDA's June WASDE report](https://feedsoft.ai/events/9772-not-much-action-in-usda-s-june-wasde-report.md) | -1.6% | -13.3% |
| CORN | 2017-03-30 | [What to expect from the next USDA Prospective Plantings Report? - farmdoc daily](https://feedsoft.ai/events/72024-what-to-expect-from-the-next-usda-prospective-plantings-report-farmdoc-daily.md) | +0.9% | +0.8% |
| CORN | 2022-05-12 | [Corn, Soybean Production Numbers as Expected in May USDA Report](https://feedsoft.ai/events/41348-corn-soybean-production-numbers-as-expected-in-may-usda-report.md) | -0.3% | -0.9% |
| CORN | 2023-03-07 | [China pork production expected to rise slightly in 2023 - GAIN report
						 \| The Pig Site](https://feedsoft.ai/events/36848-china-pork-production-expected-to-rise-slightly-in-2023-gain-report-the-pig-site.md) | -2.1% | -0.5% |
| SOY | 2019-02-08 | [Reaction to Much-Anticipated Reports Not Quite What Expected](https://feedsoft.ai/events/60551-reaction-to-much-anticipated-reports-not-quite-what-expected.md) | -1.1% | -3.2% |
| SOY | 2025-09-30 | [Report Reaction \| Corn stocks top expectations - Pro Farmer](https://feedsoft.ai/events/9843-report-reaction-corn-stocks-top-expectations-pro-farmer.md) | +0.7% | +5.6% |
| SOY | 2022-02-09 | [PF Report Reaction: U.S. ending stocks higher than expected - Pro Farmer](https://feedsoft.ai/events/42675-pf-report-reaction-u-s-ending-stocks-higher-than-expected-pro-farmer.md) | -1.1% | +7.5% |

## Sources

- proag.com: https://www.proag.com/news/reaction-to-much-anticipated-reports-not-quite-what-expected/

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