# Surprise, Another Big Corn and Soybean Crop On the Way | Farm Bureau Intel Markets | American Farm Bureau Federation

> The American Farm Bureau analysis says USDA's August survey put corn yield at 169.5 bushels per acre, 3.3 bushels above trade estimates, and soybean yields above expectations. Corn production of 14.153 billion bushels would be the third-highest on record.

- Date: 2017-08-10 · published 2017-08-10T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/69397-surprise-another-big-corn-and-soybean-crop-on-the-way-farm-bureau-intel-markets
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

A survey-based yield well above trade expectations signals ample U.S. feed grain and soymeal supplies, which weighs on prices.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2018-05-30 | [U.S. Corn Condition Second Highest on Record \| Farm Bureau Intel Markets \| American Farm Bureau Federation](https://feedsoft.ai/events/64879-u-s-corn-condition-second-highest-on-record-farm-bureau-intel-markets-american.md) | -2.3% | -8.2% |
| CORN | 2017-05-10 | [Updated Supply and Demand Expectations for Corn and Soybeans in 2017/18 \| Farm Bureau Intel Markets \| American Farm Bureau Federation](https://feedsoft.ai/events/70851-updated-supply-and-demand-expectations-for-corn-and-soybeans-in-2017-18-farm.md) | +0.3% | +2.4% |
| CORN | 2024-05-13 | [May WASDE Offers First Look at Upcoming Marketing Year \| Farm Bureau Intel Markets \| American Farm Bureau Federation](https://feedsoft.ai/events/30284-may-wasde-offers-first-look-at-upcoming-marketing-year-farm-bureau-intel.md) | -0.0% | +0.5% |
| CORN | 2025-02-11 | [Markets turn red following USDA’s February WASDE surprises \| An official publication of Michigan Farm Bureau](https://feedsoft.ai/events/25990-markets-turn-red-following-usda-s-february-wasde-surprises-an-official.md) | +1.4% | -5.7% |
| CORN | 2022-01-12 | [Commodity markets take USDA’s WASDE in stride \| An official publication of Michigan Farm Bureau](https://feedsoft.ai/events/43103-commodity-markets-take-usda-s-wasde-in-stride-an-official-publication-of.md) | -2.6% | +3.6% |
| SOY | 2017-03-31 | [Soybeans Trumping Corn in 18 States \| Farm Bureau Intel Markets \| American Farm Bureau Federation](https://feedsoft.ai/events/72026-soybeans-trumping-corn-in-18-states-farm-bureau-intel-markets-american-farm.md) | -2.2% | -1.8% |
| SOY | 2017-05-10 | [Updated Supply and Demand Expectations for Corn and Soybeans in 2017/18 \| Farm Bureau Intel Markets \| American Farm Bureau Federation](https://feedsoft.ai/events/70851-updated-supply-and-demand-expectations-for-corn-and-soybeans-in-2017-18-farm.md) | +1.1% | -3.6% |
| SOY | 2024-03-29 | [Let’s Get Going, 2024! \| Farm Bureau Intel Markets \| American Farm Bureau Federation](https://feedsoft.ai/events/31218-let-s-get-going-2024-farm-bureau-intel-markets-american-farm-bureau-federation.md) | -0.5% | -2.7% |

## Sources

- fb.org: https://www.fb.org/intel/markets/surprise-another-big-corn-and-soybean-crop-on-the-way

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