# 9 highlights of USDA’s latest WASDE report | Feed Strategy

> USDA's November WASDE raised U.S. corn production to a record 15.2 billion bushels and soybeans to a record 4.36 billion bushels, both above expectations. Corn and soybean yields were raised to 175.3 and 52.5 bushels per acre, and export forecasts for both crops increased. Wheat estimates were largely unchanged.

- Date: 2016-11-10 · published 2016-11-10T12:00:00.000Z
- Category: report · region US · magnitude high
- Page: https://feedsoft.ai/events/73819-9-highlights-of-usda-s-latest-wasde-report-feed-strategy
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Bigger-than-expected supplies and higher carryout weigh on corn and soybean futures, and cheaper feed grains and meal support lower feed costs. Wheat is largely unaffected in the U.S. report.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼
- WHEAT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2022-07-12 | [Latest USDA WASDE report hits markets hard \| An official publication of Michigan Farm Bureau](https://feedsoft.ai/events/4308-latest-usda-wasde-report-hits-markets-hard-an-official-publication-of-michigan.md) | -13.6% | -16.3% |
| CORN | 2025-08-12 | [USDA Predicts Record Corn Crop in Latest WASDE Report - Northern Ag Network](https://feedsoft.ai/events/23281-usda-predicts-record-corn-crop-in-latest-wasde-report-northern-ag-network.md) | +0.0% | +4.3% |
| CORN | 2019-07-12 | [USDA releases July WASDE report - High Plains Journal](https://feedsoft.ai/events/58045-usda-releases-july-wasde-report-high-plains-journal.md) | -3.2% | -7.0% |
| CORN | 2024-01-12 | [USDA Sees Record Corn Yield in Friday's Latest Reports](https://feedsoft.ai/events/32068-usda-sees-record-corn-yield-in-friday-s-latest-reports.md) | -0.9% | -5.5% |
| CORN | 2023-11-09 | [USDA's WASDE report throws a few curveballs - Grainews](https://feedsoft.ai/events/33119-usda-s-wasde-report-throws-a-few-curveballs-grainews.md) | -1.5% | -1.0% |
| SOY | 2017-06-12 | [USDA Releases Latest WASDE Report](https://feedsoft.ai/events/70425-usda-releases-latest-wasde-report.md) | -0.3% | +8.4% |
| SOY | 2024-12-10 | [USDA forecasts lower US wheat stocks, raises corn exports in latest WASDE report \| Feed & Grain](https://feedsoft.ai/events/26902-usda-forecasts-lower-us-wheat-stocks-raises-corn-exports-in-latest-wasde-report.md) | -0.8% | -0.3% |
| SOY | 2022-07-12 | [Latest USDA WASDE report hits markets hard \| An official publication of Michigan Farm Bureau](https://feedsoft.ai/events/4308-latest-usda-wasde-report-hits-markets-hard-an-official-publication-of-michigan.md) | -8.8% | -1.3% |

## Sources

- feedstrategy.com: https://www.feedstrategy.com/animal-feed-manufacturing/article/15438905/9-highlights-of-usdas-latest-wasde-report

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