# Crop Progress: Are We Headed For Record Yields? – Lakeview Grains, LLC

> USDA's July 30 Crop Progress report rated 72% of US corn and 70% of soybeans good to excellent, well above last year's corn rating of 61%. Problem areas remain in Missouri, Kansas, North Carolina and Texas, while farmers at a Pro Farmer conference described crops as either very good or very poor. Some analysts question whether the ratings reflect the full picture.

- Date: 2018-07-30 · published 2018-07-30T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/63869-crop-progress-are-we-headed-for-record-yields-lakeview-grains-llc
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Strong national ratings point toward large supplies, which is mildly bearish for corn and soybean prices, though regional losses limit the downside.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2018-01-01 | [Record Corn Yield Forecast Weakens Corn Prices](https://feedsoft.ai/events/67036-record-corn-yield-forecast-weakens-corn-prices.md) | +0.3% | +2.5% |
| CORN | 2016-12-06 | [Record U.S. crop yields lead to grain storage issues, higher profits for elevators \| World-grain.com \| December 06, 2016 14:43 \| World Grain](https://feedsoft.ai/events/73529-record-u-s-crop-yields-lead-to-grain-storage-issues-higher-profits-for.md) | +1.5% | -0.5% |
| CORN | 2023-11-09 | [Surprise USDA corn yield upgrade leads to record-large corn crop](https://feedsoft.ai/events/33116-surprise-usda-corn-yield-upgrade-leads-to-record-large-corn-crop.md) | -1.5% | -1.0% |
| CORN | 2017-11-28 | [Factors Influencing Global Grain Production – Lakeview Grains, LLC](https://feedsoft.ai/events/67814-factors-influencing-global-grain-production-lakeview-grains-llc.md) | +1.1% | +6.8% |
| CORN | 2017-11-09 | [USDA boosts corn harvest view above expectations on record yields - Grainews](https://feedsoft.ai/events/67930-usda-boosts-corn-harvest-view-above-expectations-on-record-yields-grainews.md) | -1.8% | -0.8% |
| SOY | 2019-12-03 | [Grain crop review for November 2019](https://feedsoft.ai/events/55433-grain-crop-review-for-november-2019.md) | +3.1% | +8.3% |
| SOY | 2018-03-09 | [WASDE: Soybean Exports Reduced, Corn Increased – Lakeview Grains, LLC](https://feedsoft.ai/events/10890-wasde-soybean-exports-reduced-corn-increased-lakeview-grains-llc.md) | -1.2% | -1.9% |
| SOY | 2026-06-11 | [Argentina grain exchange raises soybean crop forecast as harvest progresses](https://feedsoft.ai/events/13793-argentina-grain-exchange-raises-soybean-crop-forecast-as-harvest-progresses.md) | +0.8% | +6.5% |

## Sources

- lakeviewgrainsllc.com: https://www.lakeviewgrainsllc.com/crop-progress-are-we-headed-for-record-yields/

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