# Looking at the numbers from 2016 crops

> Michigan's annual crop summary reports a record 2016 soybean yield of 50.5 bu/acre, while corn yield averaged 157 bu/acre, down 5 bushels from the prior record. Harvest was delayed by a wet spring but finished close to normal pace.

- Date: 2017-01-23 · published 2017-01-23T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/72838-looking-at-the-numbers-from-2016-crops
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

A state-level record soybean crop adds to the broader US supply picture, though Michigan's volume is small relative to national output and the impact on prices is limited.

## Read by commodity

- SOY: bearish ▼
- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2019-11-11 | [Feedback From The Field - Nov. 11, 2019](https://feedsoft.ai/events/55895-feedback-from-the-field-nov-11-2019.md) | -0.1% | -2.4% |
| SOY | 2017-06-09 | [Crops dip, recover after USDA’s bearish supply numbers](https://feedsoft.ai/events/70427-crops-dip-recover-after-usda-s-bearish-supply-numbers.md) | -0.3% | +6.2% |
| SOY | 2017-08-10 | [Crop markets tumble after bearish USDA numbers](https://feedsoft.ai/events/69394-crop-markets-tumble-after-bearish-usda-numbers.md) | -4.3% | +0.0% |
| SOY | 2016-12-26 | [6 soybean lessons from 2016](https://feedsoft.ai/events/73327-6-soybean-lessons-from-2016.md) | -0.2% | +6.7% |
| SOY | 2019-12-03 | [Grain crop review for November 2019](https://feedsoft.ai/events/55433-grain-crop-review-for-november-2019.md) | +3.1% | +8.3% |
| CORN | 2019-11-11 | [Feedback From The Field - Nov. 11, 2019](https://feedsoft.ai/events/55895-feedback-from-the-field-nov-11-2019.md) | -1.0% | -3.2% |
| CORN | 2017-11-13 | [Feedback From The Field - Nov. 13, 2017](https://feedsoft.ai/events/67839-feedback-from-the-field-nov-13-2017.md) | -0.1% | +2.9% |
| CORN | 2024-08-29 | [US hog farmers rebound from 2023 losses - AFBF
						 \| The Pig Site](https://feedsoft.ai/events/28942-us-hog-farmers-rebound-from-2023-losses-afbf-the-pig-site.md) | +5.8% | +7.8% |

## Sources

- farmprogress.com: https://www.farmprogress.com/crops/looking-at-the-numbers-from-2016-crops

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