# USDA Report Drives Grain Prices Higher: Wheat, Corn and Soybeans Gain

> Markets rose after the USDA’s WASDE report: Paris December wheat gained €3.75 per tonne, while corn and rapeseed also advanced. Chicago January soybeans rose 39.75 cents; the report cut the US corn yield estimate to 179.6 bushels per acre and reduced the projected crop from 407.3 million to 403.7 million tonnes.

- Date: 2026-11-11 · published 2026-11-11T19:39:23.524Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/94062-usda-report-drives-grain-prices-higher-wheat-corn-and-soybeans-gain
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

The unexpectedly smaller US corn crop supports corn prices, while the report’s price response was also positive for wheat and soybeans. These gains may lift feed-grain and soybean costs, though the article notes that their durability is uncertain.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2017-07-20 | [USDA exports – Sales surge for corn, soybeans and wheat](https://feedsoft.ai/events/69823-usda-exports-sales-surge-for-corn-soybeans-and-wheat.md) | -2.7% | +0.0% |
| WHEAT | 2023-12-08 | [Wheat, corn and soybean highlights of USDA’s December WASDE report \| The Mighty 790 KFGO \| KFGO](https://feedsoft.ai/events/32639-wheat-corn-and-soybean-highlights-of-usda-s-december-wasde-report-the-mighty.md) | -4.0% | +1.2% |
| WHEAT | 2021-01-12 | [USDA numbers send corn, soybeans, wheat higher - Brownfield Ag News](https://feedsoft.ai/events/49092-usda-numbers-send-corn-soybeans-wheat-higher-brownfield-ag-news.md) | +2.3% | -3.8% |
| WHEAT | 2024-09-13 | [WASDE Report Spurs Wheat & Corn Price Rally, Soybeans Lag \| tastylive](https://feedsoft.ai/events/28257-wasde-report-spurs-wheat-and-corn-price-rally-soybeans-lag-tastylive.md) | -2.1% | +4.4% |
| WHEAT | 2020-09-30 | [Wheat closes over 5% higher after USDA report](https://feedsoft.ai/events/8790-wheat-closes-over-5-higher-after-usda-report.md) | +2.5% | +4.6% |
| CORN | 2025-03-31 | [USDA reports mixed grain stocks, with wheat up and corn down](https://feedsoft.ai/events/25651-usda-reports-mixed-grain-stocks-with-wheat-up-and-corn-down.md) | +0.4% | +4.2% |
| CORN | 2017-07-20 | [USDA exports – Sales surge for corn, soybeans and wheat](https://feedsoft.ai/events/69823-usda-exports-sales-surge-for-corn-soybeans-and-wheat.md) | -1.5% | -5.9% |
| CORN | 2026-04-11 | [Soybeans up and corn down in planting report - High Plains Journal](https://feedsoft.ai/events/19799-soybeans-up-and-corn-down-in-planting-report-high-plains-journal.md) | +1.7% | +3.2% |

## Sources

- agrarwelt.com: https://www.agrarwelt.com/usda-bericht-treibt-getreidepreise-weizen-mais-und-soja-im-plus/

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