# Futures Close Report: 10th August 2017 - 2Agriculture

> Futures markets viewed the Thursday USDA report as bearish, with soybean yield at 49.4 bushels per acre against pre-report estimates near 47.5 and corn at 169.5 bushels. USDA raised 2017/18 soybean ending stocks to 475 million bushels and trimmed corn stocks to 370 million, while Conab and SovEcon raised Brazilian soybean and Russian grain estimates.

- Date: 2017-08-11 · published 2017-08-11T12:00:00.000Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/69398-futures-close-report-10th-august-2017-2agriculture
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Higher U.S. soybean carryout and larger Brazilian and Russian crops add supply, pressuring soybean and wheat prices.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2025-07-11 | [USDA Releases July 2025 WASDE Report \| Agriculture of America](https://feedsoft.ai/events/23709-usda-releases-july-2025-wasde-report-agriculture-of-america.md) | +0.9% | -4.0% |
| SOY | 2024-07-15 | [Farm Futures afternoon market report](https://feedsoft.ai/events/9367-farm-futures-afternoon-market-report.md) | -3.3% | -9.4% |
| SOY | 2023-01-30 | [soy price development market report \| Agriculture](https://feedsoft.ai/events/37811-soy-price-development-market-report-agriculture.md) | +1.5% | +0.6% |
| SOY | 2023-08-24 | [Grain Transportation Report, August 24, 2023](https://feedsoft.ai/events/16609-grain-transportation-report-august-24-2023.md) | +1.6% | -4.8% |
| SOY | 2023-08-31 | [Grain Transportation Report, August 31, 2023](https://feedsoft.ai/events/12856-grain-transportation-report-august-31-2023.md) | -2.6% | -5.8% |
| CORN | 2025-08-12 | [AUGUST 2025 WASDE REPORT SUMMARY AND NOTES: - CIH](https://feedsoft.ai/events/23275-august-2025-wasde-report-summary-and-notes-cih.md) | +0.0% | +4.3% |
| CORN | 2023-08-29 | [Arable Market Report − 29 August 2023 \| AHDB](https://feedsoft.ai/events/34637-arable-market-report-29-august-2023-ahdb.md) | -2.8% | -9.5% |
| CORN | 2019-04-09 | [Futures mixed after mixed USDA reports](https://feedsoft.ai/events/59544-futures-mixed-after-mixed-usda-reports.md) | +1.8% | -0.5% |

## Sources

- 2agriculture.com: https://www.2agriculture.com/futures-close-report-10th-august-2017/

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