# Corn Yield and Soybean Production Up in 2017, USDA Reports - Winter Wheat Seedings and Grain Stocks also reported

> USDA's NASS reported that the 2017 U.S. corn yield reached a record 176.6 bushels per acre, and production fell 4% to 14.6 billion bushels. Soybean production hit a record 4.39 billion bushels on record harvested area, despite a 6% drop in yield. Cotton output rose 24% to 21.3 million bales.

- Date: 2018-01-12 · published 2018-01-12T12:00:00.000Z
- Category: report · region US · magnitude high
- Page: https://feedsoft.ai/events/66841-corn-yield-and-soybean-production-up-in-2017-usda-reports-winter-wheat-seedings
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Record soybean output and a large corn crop point to ample U.S. feed supplies, which weighs on feed prices and limits rallies in soybean meal and corn.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-02-08 | [Soybean Production Up in 2018, USDA Reports Winter Wheat Seedings and Grain Stocks also reported](https://feedsoft.ai/events/60450-soybean-production-up-in-2018-usda-reports-winter-wheat-seedings-and-grain.md) | +0.8% | -2.1% |
| CORN | 2017-01-12 | [Corn and Soybean Production Up in 2016, USDA Reports](https://feedsoft.ai/events/72836-corn-and-soybean-production-up-in-2016-usda-reports.md) | +0.1% | +1.9% |
| CORN | 2024-01-12 | [USDA Releases January Crop Production, WASDE, Dec. 1 Grain Stocks and Winter Wheat Seedings Reports](https://feedsoft.ai/events/32176-usda-releases-january-crop-production-wasde-dec-1-grain-stocks-and-winter-wheat.md) | -0.9% | -5.5% |
| CORN | 2018-10-12 | [USDA raises corn, soybean and wheat ending stocks estimates \| 2018-10-12  \| World Grain](https://feedsoft.ai/events/62480-usda-raises-corn-soybean-and-wheat-ending-stocks-estimates-2018-10-12-world.md) | +2.4% | +3.2% |
| CORN | 2022-11-09 | [November USDA Report Increases Corn and Soybean Production](https://feedsoft.ai/events/38642-november-usda-report-increases-corn-and-soybean-production.md) | +1.6% | -5.7% |
| SOY | 2019-02-08 | [Soybean Production Up in 2018, USDA Reports Winter Wheat Seedings and Grain Stocks also reported](https://feedsoft.ai/events/60450-soybean-production-up-in-2018-usda-reports-winter-wheat-seedings-and-grain.md) | -1.1% | -3.2% |
| SOY | 2017-01-12 | [Corn and Soybean Production Up in 2016, USDA Reports](https://feedsoft.ai/events/72836-corn-and-soybean-production-up-in-2016-usda-reports.md) | +6.7% | +4.7% |
| SOY | 2024-01-12 | [USDA Releases January Crop Production, WASDE, Dec. 1 Grain Stocks and Winter Wheat Seedings Reports](https://feedsoft.ai/events/32176-usda-releases-january-crop-production-wasde-dec-1-grain-stocks-and-winter-wheat.md) | -1.5% | -3.9% |

## Sources

- nass.usda.gov: https://www.nass.usda.gov/Newsroom/archive/2018/01_12_2018.php

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