# Report Reaction | USDA cuts corn yield, lifts soybean peg

> 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.

- Date: 2026-11-10 · published 2026-11-10T18:05:22.536Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/92004-report-reaction-usda-cuts-corn-yield-lifts-soybean-peg
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

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.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2023-08-11 | [USDA Lowers Corn and Soybean Yields and Production](https://feedsoft.ai/events/12250-usda-lowers-corn-and-soybean-yields-and-production.md) | -1.6% | -2.3% |
| CORN | 2025-04-10 | [USDA Report Reaction \| USDA cuts corn ending stocks - Pro Farmer](https://feedsoft.ai/events/25070-usda-report-reaction-usda-cuts-corn-ending-stocks-pro-farmer.md) | +3.1% | -3.3% |
| CORN | 2022-08-12 | [USDA Lowers Corn Production, Increases Soybean Production in August Reports](https://feedsoft.ai/events/39956-usda-lowers-corn-production-increases-soybean-production-in-august-reports.md) | -0.7% | -1.6% |
| CORN | 2018-11-08 | [USDA cuts corn, soybean crops](https://feedsoft.ai/events/61984-usda-cuts-corn-soybean-crops.md) | -6.8% | -0.4% |
| CORN | 2022-09-12 | [USDA Lowers Corn and Soybean Yields](https://feedsoft.ai/events/39551-usda-lowers-corn-and-soybean-yields.md) | -1.1% | -1.5% |
| SOY | 2025-08-13 | [USDA crop report: Corn yields soar, soybean prices rise](https://feedsoft.ai/events/23278-usda-crop-report-corn-yields-soar-soybean-prices-rise.md) | +0.1% | -0.6% |
| SOY | 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) | +4.1% | +8.2% |
| SOY | 2023-08-11 | [USDA Lowers Corn and Soybean Yields and Production](https://feedsoft.ai/events/12250-usda-lowers-corn-and-soybean-yields-and-production.md) | -5.3% | -4.4% |

## Sources

- profarmer.com: https://www.profarmer.com/news/report-reactions/report-reaction-usda-cuts-corn-yield-lifts-soybean-peg

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