# Purdue Experts Analyze Agricultural Market in Light of Tariffs and Record Yields

> Purdue experts analyzed the USDA August Crop Production Report, released August 10. They concluded that several consecutive years of high production have caused oversupply, low prices and tight crop margins. The panel also noted that planting was delayed by a cold spring before a rapid May catch-up.

- Date: 2018-08-01 · published 2018-08-01T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/63419-purdue-experts-analyze-agricultural-market-in-light-of-tariffs-and-record-yields
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Record yields and oversupply keep corn and soybean prices under pressure. Tight margins may limit farmers' ability to hold stocks and affect feed input costs.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2022-09-02 | [US 2023 agricultural exports forecast 1% under record 2022 - Fastmarkets](https://feedsoft.ai/events/39568-us-2023-agricultural-exports-forecast-1-under-record-2022-fastmarkets.md) | -0.6% | -1.6% |
| CORN | 2020-04-13 | [COVID-19 Weakens Ethanol Demand Leading to Reduction in Corn Usage Forecast - Purdue Agricultural Economics](https://feedsoft.ai/events/53644-covid-19-weakens-ethanol-demand-leading-to-reduction-in-corn-usage-forecast.md) | -5.4% | -6.1% |
| CORN | 2017-02-28 | [Record  2016 crop yields in Minnesota and Iowa](https://feedsoft.ai/events/72344-record-2016-crop-yields-in-minnesota-and-iowa.md) | +0.9% | -1.1% |
| CORN | 2018-11-09 | [November WASDE puts damper on grain markets — This week in the grain markets - RealAgriculture](https://feedsoft.ai/events/61983-november-wasde-puts-damper-on-grain-markets-this-week-in-the-grain-markets.md) | -6.9% | -0.6% |
| CORN | 2020-11-18 | [Indiana Still on Pace for Record Corn and Soybean Yields \| Hoosier Ag Today](https://feedsoft.ai/events/49989-indiana-still-on-pace-for-record-corn-and-soybean-yields-hoosier-ag-today.md) | +0.4% | +0.1% |
| SOY | 2017-02-28 | [Record  2016 crop yields in Minnesota and Iowa](https://feedsoft.ai/events/72344-record-2016-crop-yields-in-minnesota-and-iowa.md) | +1.6% | -3.9% |
| SOY | 2018-11-09 | [November WASDE puts damper on grain markets — This week in the grain markets - RealAgriculture](https://feedsoft.ai/events/61983-november-wasde-puts-damper-on-grain-markets-this-week-in-the-grain-markets.md) | +2.4% | +4.9% |
| SOY | 2020-11-18 | [Indiana Still on Pace for Record Corn and Soybean Yields \| Hoosier Ag Today](https://feedsoft.ai/events/49989-indiana-still-on-pace-for-record-corn-and-soybean-yields-hoosier-ag-today.md) | +1.8% | +1.2% |

## Sources

- ag.purdue.edu: https://ag.purdue.edu/news/2018/08/purdue-experts-analyze-agricultural-market-in-light-of-tariffs-and-record-yields.html

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