# Corn Drops Most Since 2023 as USDA Unexpectedly Raises US Yield - Bloomberg

> Corn futures fell by the most since June 2023 after the USDA raised its outlook for US supplies when analysts had expected a cut. The agency's monthly supply and demand report lifted the average corn yield and production to record levels, and quarterly and end-of-season stocks also came in above expectations.

- Date: 2026-01-12 · published 2026-01-12T12:00:00.000Z
- Category: report · region US · magnitude high
- Page: https://feedsoft.ai/events/7089-corn-drops-most-since-2023-as-usda-unexpectedly-raises-us-yield-bloomberg
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [DDGS](https://feedsoft.ai/c/DDGS.md)

## Why it matters

A larger-than-expected US crop and bigger stocks add to ample supply, pressuring corn prices and weighing on feed costs for buyers' outlook.

## Read by commodity

- CORN: bearish ▼
- DDGS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2026-10-28 | [Corn falls most since 2023 after US makes surprise crop estimate \|  Bloomberg News](https://feedsoft.ai/events/64-corn-falls-most-since-2023-after-us-makes-surprise-crop-estimate-bloomberg-news.md) | -0.5% | — |
| CORN | 2021-03-09 | [March 2021 WASDE: USDA unexpectedly raises Brazilian soy forecast](https://feedsoft.ai/events/48069-march-2021-wasde-usda-unexpectedly-raises-brazilian-soy-forecast.md) | -10.3% | -1.3% |
| CORN | 2021-09-10 | [USDA raises corn and soy yield forecasts, pushing down price expectations \| 2021-09-10  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/45108-usda-raises-corn-and-soy-yield-forecasts-pushing-down-price-expectations-2021.md) | +1.1% | -1.9% |
| CORN | 2018-08-10 | [USDA Sees Record Corn Yield in 2018](https://feedsoft.ai/events/63480-usda-sees-record-corn-yield-in-2018.md) | -7.5% | -9.1% |
| CORN | 2026-10-08 | [USDA Delivers Unexpected Blow to Corn Bulls, Corn Prices Tank](https://feedsoft.ai/events/429-usda-delivers-unexpected-blow-to-corn-bulls-corn-prices-tank.md) | -2.4% | -5.9% |

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2026-01-12/corn-drops-most-since-2024-as-usda-unexpectedly-raises-us-yield

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