# Record U.S. corn yield casts bearish spell on markets

> USDA's November WASDE lifted the U.S. corn yield estimate to a record 175.4 bu/acre, well above the 172.4 analysts had forecast. Production was raised to 14.578 billion bushels, and corn ending stocks rose 147 million bushels from October.

- Date: 2017-11-09 · published 2017-11-09T12:00:00.000Z
- Category: report · region US · magnitude high
- Page: https://feedsoft.ai/events/67932-record-u-s-corn-yield-casts-bearish-spell-on-markets
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

The yield surprise and higher ending stocks point to a looser corn balance sheet, which pressures futures prices.

## Read by commodity

- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2024-01-23 | [2023 corn sets yield record, 2024 may surpass](https://feedsoft.ai/events/32182-2023-corn-sets-yield-record-2024-may-surpass.md) | -1.0% | -4.9% |
| 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 | 2026-02-03 | [Record US Corn Crop Based on Yield, Acreage](https://feedsoft.ai/events/13020-record-us-corn-crop-based-on-yield-acreage.md) | +0.6% | +1.8% |
| 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% |
| CORN | 2024-09-12 | [USDA Forecasts Record Corn Yield of 183.6 BPA in September Report](https://feedsoft.ai/events/28256-usda-forecasts-record-corn-yield-of-183-6-bpa-in-september-report.md) | +4.9% | +5.1% |

## Sources

- feedstuffs.com: https://www.feedstuffs.com/corn-price-updates/record-u-s-corn-yield-casts-bearish-spell-on-markets

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