# Iowa harvests its second-largest corn, soybean crops

> Iowa's 2017 corn and soybean crops both came in higher than expected, with corn at 197 bpa and production of 2.54 billion bushels. USDA's November report put US corn yield at a record 175.4 bpa and soybean production at a record 4.43 billion bushels. US corn production is estimated at 14.6 billion bushels.

- Date: 2017-11-21 · published 2017-11-21T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/67836-iowa-harvests-its-second-largest-corn-soybean-crops
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Record US corn and soybean output points to ample supplies for feed buyers, which pressures corn, soybean and meal prices. Strong supplies also lower the cost of feed ingredients.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2018-02-23 | [Iowa records second largest corn, soybean crop in 2017 \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/66349-iowa-records-second-largest-corn-soybean-crop-in-2017-iowa-agribusiness-radio.md) | +1.9% | +2.9% |
| CORN | 2017-07-17 | [U.S. corn, soybean crops projected larger](https://feedsoft.ai/events/69890-u-s-corn-soybean-crops-projected-larger.md) | +2.4% | -1.3% |
| CORN | 2021-02-19 | [Outlook Forecasts Larger Corn, Soybean Crops for 2021](https://feedsoft.ai/events/48482-outlook-forecasts-larger-corn-soybean-crops-for-2021.md) | +0.6% | -5.3% |
| CORN | 2025-02-27 | [USDA Forecasts Record Corn Crop, Larger Soybean Crop for 2025-26](https://feedsoft.ai/events/13114-usda-forecasts-record-corn-crop-larger-soybean-crop-for-2025-26.md) | -5.3% | -1.0% |
| CORN | 2017-04-06 | [Brazil To Harvest Record Corn And Soybean Yields](https://feedsoft.ai/events/71350-brazil-to-harvest-record-corn-and-soybean-yields.md) | +0.6% | -0.3% |
| SOY | 2018-02-23 | [Iowa records second largest corn, soybean crop in 2017 \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/66349-iowa-records-second-largest-corn-soybean-crop-in-2017-iowa-agribusiness-radio.md) | +2.5% | -0.2% |
| SOY | 2021-02-19 | [Outlook Forecasts Larger Corn, Soybean Crops for 2021](https://feedsoft.ai/events/48482-outlook-forecasts-larger-corn-soybean-crops-for-2021.md) | +2.3% | +1.3% |
| SOY | 2018-11-08 | [USDA cuts corn, soybean crops](https://feedsoft.ai/events/61984-usda-cuts-corn-soybean-crops.md) | +0.3% | +5.6% |

## Sources

- farmprogress.com: https://www.farmprogress.com/marketing/iowa-harvests-its-second-largest-corn-soybean-crops

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