# Early soybean yield reports come in above expectations

> Early Iowa soybean yield reports are beating expectations despite a dry summer, with USDA forecasting Iowa soybeans at 57 bushels per acre and 567 million bushels. Harvest was slightly behind the five-year average as of September 24.

- Date: 2017-10-02 · published 2017-10-02T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/68311-early-soybean-yield-reports-come-in-above-expectations
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Better-than-expected yields in a major soybean state add to supply and weigh on soybean and meal prices.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2023-06-09 | [Corn and soy export expectations drop in Friday's WASDE report](https://feedsoft.ai/events/35443-corn-and-soy-export-expectations-drop-in-friday-s-wasde-report.md) | +4.8% | +10.6% |
| 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 | 2022-08-12 | [USDA Lowers Corn Production, Increases Soybean Production in August Reports](https://feedsoft.ai/events/39956-usda-lowers-corn-production-increases-soybean-production-in-august-reports.md) | -12.5% | -12.9% |
| SOY | 2021-09-14 | [Reduced drought conditions improve corn, soybean yields \| Feed Strategy](https://feedsoft.ai/events/44907-reduced-drought-conditions-improve-corn-soybean-yields-feed-strategy.md) | -0.8% | -3.5% |
| SOY | 2026-10-01 | [USDA Cuts Corn Yield to 178.5 Bu., Nudges Soybeans Slightly Higher in September Report](https://feedsoft.ai/events/17496-usda-cuts-corn-yield-to-178-5-bu-nudges-soybeans-slightly-higher-in-september.md) | +0.3% | -5.3% |
| SBM | 2020-01-05 | [Soybean Meal Exports – LACO Commodity Research](https://feedsoft.ai/events/55168-soybean-meal-exports-laco-commodity-research.md) | +0.9% | -2.1% |
| SBM | 2022-08-12 | [USDA Lowers Corn Production, Increases Soybean Production in August Reports](https://feedsoft.ai/events/39956-usda-lowers-corn-production-increases-soybean-production-in-august-reports.md) | -10.9% | -15.4% |
| SBM | 2021-09-14 | [Reduced drought conditions improve corn, soybean yields \| Feed Strategy](https://feedsoft.ai/events/44907-reduced-drought-conditions-improve-corn-soybean-yields-feed-strategy.md) | -1.7% | -6.4% |

## Sources

- iowafarmbureau.com: https://www.iowafarmbureau.com/Article/Early-soybean-yield-reports-come-in-above-expectations

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