# Weekly Market Report: 11/10/17 – Oklahoma Farm & Ranch

> The November WASDE raised the US corn yield estimate to 172.41 bu/acre, surprising traders, while soybean yields were unchanged at 49.5 bu/acre. China announced plans to buy 12 million tonnes of US soybeans, valued at $5 billion. Corn fell 4 cents on the week, while wheat finished higher.

- Date: 2017-11-13 · published 2017-11-13T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/6094-weekly-market-report-11-10-17-oklahoma-farm-and-ranch
- 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

A larger corn crop increases feed grain supply and pressures corn prices, while the China soybean purchase supports soybean and soymeal demand. Feed buyers face lower corn costs alongside firmer soy-based feed prices.

## Read by commodity

- SOY: bullish ▲
- CORN: bearish ▼
- WHEAT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2025-11-17 | [Grains Report 11/17/2025 - Market InsightsMarket Insights](https://feedsoft.ai/events/10500-grains-report-11-17-2025-market-insightsmarket-insights.md) | +0.7% | +2.3% |
| CORN | 2023-09-18 | [Corn Weekly Report](https://feedsoft.ai/events/7188-corn-weekly-report.md) | -8.5% | -6.6% |
| CORN | 2018-10-29 | [Markets: Feed markets hold steady - Farmers Weekly](https://feedsoft.ai/events/62615-markets-feed-markets-hold-steady-farmers-weekly.md) | +0.1% | -6.3% |
| CORN | 2019-04-08 | [Grain Market Report 10th April - Irish Farmers' Association](https://feedsoft.ai/events/11377-grain-market-report-10th-april-irish-farmers-association.md) | -1.1% | -2.2% |
| CORN | 2018-08-16 | [DDGS Weekly Market Report – August 16, 2018 - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/63626-ddgs-weekly-market-report-august-16-2018-u-s-grains-and-bioproducts-council.md) | -1.7% | -3.7% |
| SOY | 2025-11-17 | [Grains Report 11/17/2025 - Market InsightsMarket Insights](https://feedsoft.ai/events/10500-grains-report-11-17-2025-market-insightsmarket-insights.md) | +1.1% | -3.7% |
| SOY | 2018-04-03 | [Planting report leads to market rally - Farm and Dairy](https://feedsoft.ai/events/65541-planting-report-leads-to-market-rally-farm-and-dairy.md) | +1.1% | +0.2% |
| SOY | 2020-10-02 | [Farming News - ADM Agriculture Oilseed Rape Market Report](https://feedsoft.ai/events/50747-farming-news-adm-agriculture-oilseed-rape-market-report.md) | +2.6% | +2.8% |

## Sources

- okfronline.com: https://okfronline.com/2017/11/weekly-market-report-111017/

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