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USDA raised its estimate of US corn yield by 2.7 bushels per acre above late-September expectations, adding about 234 million bushels to the crop. Soybean yields also rose 0.3 bushels per acre above the September forecast, and corn and soybean futures fell on the larger supply.
A larger US crop from the USDA report increases global supplies and pressures corn and soybean prices, though analysts expect a rebound later on demand and logistics.
feedstrategy.comOct 28, 2026After 1,102 past bearish report events, Corn moved a median -0.2% over 5 sessions (47% higher; middle half -1.8% to +1.3%), and +0.0% over 20.
After 788 past bearish report events, Soybeans moved a median -0.3% over 5 sessions (47% higher; middle half -2.0% to +1.5%), and -0.9% over 20.
After 399 past bearish report events, Soybean Meal moved a median -0.4% over 5 sessions (44% higher; middle half -2.4% to +1.2%), and -1.0% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
