The USDA was due to release its monthly supply-and-demand report on Tuesday, with analysts expecting U.S. 2026/27 soybean production to rise from 124.17 million to 125.09 million tonnes. They also expected U.S. soybean ending stocks to increase to 9.04 million tonnes from the USDA’s October estimate of 8.57 million tonnes; the article noted that analysts anticipated a possible reduction in corn production.
Higher expected soybean production and ending stocks imply greater U.S. availability and could pressure soybean prices. A possible corn production cut could tighten corn supply and lend support, depending on the report’s final estimates.
After 788 past bearish report events, Soybeans moved a median -0.3% over 5 sessions (47% higher; middle half -2.0% to +1.5%), and -0.9% over 20.
After 1,040 past bullish report events, Corn moved a median +0.5% over 5 sessions (62% higher; middle half -0.9% to +2.0%), and +0.8% 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.