# Corn and Soybean Production Outlook in 2017-18

> A farmdoc daily outlook by Todd Hubbs discusses the USDA's September forecast for 2017 U.S. corn and soybean production. It reports soybean production at 4,431 million bushels, up 50 million from August, and steady December corn futures near $3.54.

- Date: 2017-01-01 · published 2017-01-01T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/72931-corn-and-soybean-production-outlook-in-2017-18
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

A larger USDA soybean estimate increases expected supply and supports a bearish price bias for soybeans, while corn prices held in a narrow range.

## Read by commodity

- SOY: bearish ▼
- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2017-01-12 | [Corn and Soybean Production Up in 2016, USDA Reports](https://feedsoft.ai/events/72836-corn-and-soybean-production-up-in-2016-usda-reports.md) | +6.7% | +4.7% |
| SOY | 2025-09-12 | [USDA Ups Corn and Soybean Production Estimates](https://feedsoft.ai/events/22795-usda-ups-corn-and-soybean-production-estimates.md) | +2.2% | +0.7% |
| SOY | 2017-01-26 | [U.S. Soybean Production and Use (January 2017) - Soy Meal Info Center](https://feedsoft.ai/events/73063-u-s-soybean-production-and-use-january-2017-soy-meal-info-center.md) | -1.8% | -4.1% |
| SOY | 2022-11-09 | [November USDA Report Increases Corn and Soybean Production](https://feedsoft.ai/events/38642-november-usda-report-increases-corn-and-soybean-production.md) | +0.9% | +1.9% |
| SOY | 2018-07-12 | [USDA Bumps Corn and Soybean Production, Drops Soybean Exports](https://feedsoft.ai/events/63997-usda-bumps-corn-and-soybean-production-drops-soybean-exports.md) | +1.5% | +7.7% |
| CORN | 2017-09-19 | [Corn and soybean production outlook in 2017-18 \| Illinois Extension \| Illinois](https://feedsoft.ai/events/68799-corn-and-soybean-production-outlook-in-2017-18-illinois-extension-illinois.md) | +0.2% | +2.5% |
| CORN | 2019-09-12 | [USDA Lowers Corn, Soybean Production and Yield - ProAg](https://feedsoft.ai/events/9896-usda-lowers-corn-soybean-production-and-yield-proag.md) | +4.8% | +9.0% |
| CORN | 2022-12-20 | [South American corn and soybean outlook: Playing the odds](https://feedsoft.ai/events/13683-south-american-corn-and-soybean-outlook-playing-the-odds.md) | +2.9% | +4.3% |

## Sources

- doi.org: https://doi.org/10.22004/ag.econ.282731

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