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Corn futures rallied after the September WASDE despite bearish headline changes, with USDA raising corn acres to 98.7 million and cutting yields. Soybean carryout rose to 300 million bushels while corn carryout fell 7 million bushels to 2.1 billion.
Technical strength and doubts that USDA yield estimates are too high kept corn supported, despite a larger acreage and production outlook.
farmprogress.comSam TrainorSep 16, 2025After 1,040 past bullish report events, Corn moved a median +0.5% over 5 sessions (62% higher; middle half -0.9% to +2.0%), and +0.8% over 20.
After 563 past neutral report events, Soybeans moved a median -0.1% over 5 sessions (48% higher; middle half -1.7% to +1.6%), and -0.1% 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.
