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USDA’s November WASDE cut the U.S. corn yield estimate to 179.6 bushels per acre from 181, citing lower yields in several Corn Belt states. It raised soybean yields slightly and increased soybean export forecasts by 25 million bushels, reducing projected carryout to 300 million bushels; corn and soybean prices rose after the report.
Lower corn production and tighter soybean stocks reduce expected availability, supporting prices and potentially prompting feed buyers to add coverage.
michiganfarmnews.comJon Adamy, Mitch Galloway, Farm News MediaNov 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.
