# New harvest adds to large old-crop stocks, but use higher - Progressive Dairy | Ag Proud

> USDA's September 1 grain stocks showed corn at 2.29 billion bushels and soybeans at 301 million bushels, both up sharply from a year earlier. Corn stocks came in 58 million bushels below trade estimates, implying higher feed and residual use in the fourth quarter. Despite hurricane losses in Texas and Georgia, cottonseed supplies are expected to remain ample at favorable prices for dairy feed.

- Date: 2017-10-19 · published 2017-10-19T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/68586-new-harvest-adds-to-large-old-crop-stocks-but-use-higher-progressive-dairy-ag
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Cottonseed Meal](https://feedsoft.ai/c/CSM.md)

## Why it matters

Large old-crop stocks cap upside in corn and soybeans, while firmer feed use supports demand into the new marketing year. Ample cottonseed supply should keep dairy feed costs manageable.

## Read by commodity

- CSM: neutral
- SOY: neutral
- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2021-11-10 | [Weekly Digest: USDA outlook sees deeper milk production cuts - Progressive Dairy \| Ag Proud](https://feedsoft.ai/events/44057-weekly-digest-usda-outlook-sees-deeper-milk-production-cuts-progressive-dairy.md) | +0.3% | +4.6% |
| CORN | 2024-05-15 | [Ethanol production, stocks creep higher - Brownfield Ag News](https://feedsoft.ai/events/30242-ethanol-production-stocks-creep-higher-brownfield-ag-news.md) | +0.8% | +5.1% |
| CORN | 2025-07-11 | [PF Reaction to USDA Reports \| USDA cuts old-, new-crop corn ending stocks - Pro Farmer](https://feedsoft.ai/events/23714-pf-reaction-to-usda-reports-usda-cuts-old-new-crop-corn-ending-stocks-pro-farmer.md) | -0.7% | -1.5% |
| CORN | 2020-03-10 | [World soy stocks to swell as Brazil, Argentina harvest prospects rise \| Financial Post](https://feedsoft.ai/events/54091-world-soy-stocks-to-swell-as-brazil-argentina-harvest-prospects-rise-financial.md) | -3.4% | -3.3% |
| CORN | 2026-05-28 | [Ethanol stocks move to multi-week highs, production nearly steady - Brownfield Ag News](https://feedsoft.ai/events/19242-ethanol-stocks-move-to-multi-week-highs-production-nearly-steady-brownfield-ag.md) | -3.5% | -6.6% |
| SOY | 2025-09-29 | [Record Corn Crop Weighs on Prices Thru Harvest - ADM Investor Services](https://feedsoft.ai/events/22895-record-corn-crop-weighs-on-prices-thru-harvest-adm-investor-services.md) | +0.4% | +2.8% |
| SOY | 2025-10-01 | [Grain markets pressured by harvest and rising stocks \| Saxo](https://feedsoft.ai/events/22425-grain-markets-pressured-by-harvest-and-rising-stocks-saxo.md) | +2.0% | +7.6% |
| SOY | 2025-11-20 | [IGC: Bumper harvests boost global grain stocks \| World Grain](https://feedsoft.ai/events/10499-igc-bumper-harvests-boost-global-grain-stocks-world-grain.md) | -0.4% | -7.4% |

## Sources

- agproud.com: https://www.agproud.com/articles/31597-new-harvest-adds-to-large-old-crop-stocks-but-use-higher

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