# Breaking down the USDA Supply and Demand report | NEWSRADIO 1040 WHO

> USDA cut its average U.S. corn yield to 169.5 bushels per acre, but the figure still beat pre-report estimates and left corn production at 14.2 billion bushels. Soybean yield rose to 49.4 bushels per acre and production to 4.4 billion bushels, while spring wheat was cut to 402 million bushels on Dakota drought.

- Date: 2017-08-10 · published 2017-08-10T12:00:00.000Z
- Category: report · region US · magnitude high
- Page: https://feedsoft.ai/events/69396-breaking-down-the-usda-supply-and-demand-report-newsradio-1040-who
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Larger-than-expected corn and soybean output offsets the drought-hit spring wheat loss, keeping feed supplies ample and prices pressured.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2021-05-13 | [Market setback day after USDA supply and demand report - Brownfield Ag News](https://feedsoft.ai/events/12369-market-setback-day-after-usda-supply-and-demand-report-brownfield-ag-news.md) | -7.7% | -2.2% |
| CORN | 2019-03-08 | [Soybeans, corn down after supply and demand report - Brownfield Ag News](https://feedsoft.ai/events/60038-soybeans-corn-down-after-supply-and-demand-report-brownfield-ag-news.md) | +0.8% | +0.8% |
| CORN | 2022-01-12 | [USDA World Agricultural Supply and Demand Estimates January Report \| The Mighty 790 KFGO \| KFGO](https://feedsoft.ai/events/43265-usda-world-agricultural-supply-and-demand-estimates-january-report-the-mighty.md) | -2.6% | +3.6% |
| CORN | 2016-07-18 | [Grain Supply and Demand report sends grain prices falling](https://feedsoft.ai/events/7417-grain-supply-and-demand-report-sends-grain-prices-falling.md) | +5.9% | +1.7% |
| CORN | 2018-12-12 | [USDA Release Latest Supply and Demand Estimates -](https://feedsoft.ai/events/61687-usda-release-latest-supply-and-demand-estimates.md) | +1.1% | +1.4% |
| SOY | 2021-05-13 | [Market setback day after USDA supply and demand report - Brownfield Ag News](https://feedsoft.ai/events/12369-market-setback-day-after-usda-supply-and-demand-report-brownfield-ag-news.md) | -7.4% | -7.0% |
| SOY | 2019-03-08 | [Soybeans, corn down after supply and demand report - Brownfield Ag News](https://feedsoft.ai/events/60038-soybeans-corn-down-after-supply-and-demand-report-brownfield-ag-news.md) | -0.1% | +1.8% |
| SOY | 2016-07-18 | [Grain Supply and Demand report sends grain prices falling](https://feedsoft.ai/events/7417-grain-supply-and-demand-report-sends-grain-prices-falling.md) | -6.2% | -6.5% |

## Sources

- whoradio.iheart.com: https://whoradio.iheart.com/content/2017-08-10-breaking-down-the-usda-supply-and-demand-report/

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