# Beans Pop 40 Cents on USDA Data, Can Corn Follow?

> USDA reduced its corn yield estimate, tightening projected corn carryout to below 1.8 billion bushels; corn futures initially rose before giving back part of their gains. Soybean ending stocks fell to 300 million bushels from 315 million after USDA raised its export-demand forecast, and soybean futures gained about 40 cents. The report was described as neutral for U.S. wheat supply and demand, while higher global wheat carryout limited buying.

- Date: 2026-11-10 · published 2026-11-11T00:06:04.652Z
- Category: report · region United States · magnitude medium
- Page: https://feedsoft.ai/events/92367-beans-pop-40-cents-on-usda-data-can-corn-follow
- 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

Lower corn and soybean supply projections support prices, while the stronger soybean export forecast tightens U.S. availability. Higher world wheat stocks limit the potential for wheat to follow the row-crop rally.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲
- WHEAT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2023-10-13 | [Soybeans Soar on USDA WASDE Bullish Yield and Stocks Data, Grains Follow](https://feedsoft.ai/events/33585-soybeans-soar-on-usda-wasde-bullish-yield-and-stocks-data-grains-follow.md) | +0.2% | -3.5% |
| CORN | 2024-05-10 | [USDA Forecasts 14.86 BB Corn Crop, 4.45 BB Soybean Crop](https://feedsoft.ai/events/13186-usda-forecasts-14-86-bb-corn-crop-4-45-bb-soybean-crop.md) | +2.4% | +2.7% |
| CORN | 2019-09-30 | [USDA Releases Market-Friendly Data for Corn and Soybeans](https://feedsoft.ai/events/57009-usda-releases-market-friendly-data-for-corn-and-soybeans.md) | -0.9% | +1.1% |
| CORN | 2022-03-31 | [USDA Report Bullish for Corn, Bearish for Soybeans](https://feedsoft.ai/events/42296-usda-report-bullish-for-corn-bearish-for-soybeans.md) | +4.1% | +5.9% |
| CORN | 2018-06-12 | [Futures rally on bullish corn, soybean data](https://feedsoft.ai/events/64480-futures-rally-on-bullish-corn-soybean-data.md) | -2.1% | -4.6% |
| SOY | 2025-01-10 | [Soybeans Post Rally on USDA Data Day](https://feedsoft.ai/events/8105-soybeans-post-rally-on-usda-data-day.md) | +2.7% | +5.8% |
| SOY | 2023-10-13 | [Soybeans Soar on USDA WASDE Bullish Yield and Stocks Data, Grains Follow](https://feedsoft.ai/events/33585-soybeans-soar-on-usda-wasde-bullish-yield-and-stocks-data-grains-follow.md) | +2.0% | +2.9% |
| SOY | 2019-09-30 | [USDA Releases Market-Friendly Data for Corn and Soybeans](https://feedsoft.ai/events/57009-usda-releases-market-friendly-data-for-corn-and-soybeans.md) | +3.8% | +4.2% |

## Sources

- barchart.com: https://www.barchart.com/story/news/8769779/beans-pop-40-cents-on-usda-data-can-corn-follow

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