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USDA lowered its 2026 U.S. corn production estimate by 141 million bushels from October to 15.893 billion bushels, with the average yield down 1.6 bushels to 179.6. It raised the soybean production estimate to 4.574 billion bushels, while ending stocks for both crops came in tighter than expected; futures rose after the report.
The smaller corn crop tightens expected supply, while robust soybean demand offsets a higher yield and also leaves stocks tighter than expected. Both developments support prices, particularly corn.
profarmer.comPro Farmer EditorsNov 10, 2026After 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.
After 747 past bullish report events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +2.1%), 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.
