# Record Corn Yield Forecast Weakens Corn Prices

> USDA's September forecast put the 2018 U.S. corn crop at 14.827 billion bushels, up 241 million from August, with a record yield of 181.4 bushels per acre. Yield gains were seen in eight of the top ten corn states, and some analysts doubted the forecast.

- Date: 2018-01-01 · published 2018-01-01T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/67036-record-corn-yield-forecast-weakens-corn-prices
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

A record crop projection adds supply expectations that weigh on corn futures and feed grain costs, though historically September forecasts have often been revised lower at harvest.

## Read by commodity

- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2018-09-17 | [Record Corn Yield Forecast Weakens Corn Prices - farmdoc daily](https://feedsoft.ai/events/63055-record-corn-yield-forecast-weakens-corn-prices-farmdoc-daily.md) | +3.1% | +4.7% |
| CORN | 2016-11-07 | [US Corn Futures Weekly Price Outlook: Record Corn Yields?](https://feedsoft.ai/events/8309-us-corn-futures-weekly-price-outlook-record-corn-yields.md) | -2.6% | +0.5% |
| CORN | 2020-08-12 | [USDA forecasts record high corn, soybean yields](https://feedsoft.ai/events/51457-usda-forecasts-record-high-corn-soybean-yields.md) | +3.8% | +8.3% |
| CORN | 2018-01-01 | [Large Corn and Soybean Yield Forecasts Hurt Price Prospects](https://feedsoft.ai/events/67026-large-corn-and-soybean-yield-forecasts-hurt-price-prospects.md) | +0.3% | +2.5% |
| CORN | 2018-08-10 | [USDA Sees Record Corn Yield in 2018](https://feedsoft.ai/events/63480-usda-sees-record-corn-yield-in-2018.md) | -7.5% | -9.1% |

## Sources

- doi.org: https://doi.org/10.22004/ag.econ.282966

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