USDA raised planted and harvested acreage for corn and soybeans, with corn harvested area up 1.3 million acres and national corn yield up half a bushel to 186.5 bushels per acre. Corn production was estimated near 17 billion bushels, and 2025/26 ending stocks rose nearly 200 million bushels to above 2 billion bushels, with the season-average price raised 10 cents to $4.10.
Higher corn production and ending stocks outweigh stronger feed use, keeping downward pressure on corn prices and feed grain costs.
After 1,102 past bearish report events, Corn moved a median -0.2% over 5 sessions (47% higher; middle half -1.8% to +1.3%), and +0.0% over 20.
After 563 past neutral report events, Soybeans moved a median -0.1% over 5 sessions (48% higher; middle half -1.7% to +1.6%), and -0.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.