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USDA cut the 2026/27 U.S. corn yield to 179.6 bushels per acre, reducing production 141 million bushels to 15.9 billion. It raised soybean production 12 million bushels to 4.6 billion on better yields in Minnesota, Iowa, South Dakota and Nebraska, and cut soybean ending stocks to 300 million bushels on higher exports.
A smaller corn crop and tighter soybean stocks, with the season-average soybean price raised to $12.10 a bushel, point to firmer feed grain and soymeal costs for buyers, while lower corn export and feed-use projections partly offset the tightening.
agronewstoday.comGlobal AgricultureNov 11, 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.
After 414 past bullish report events, Soybean Meal moved a median -0.1% over 5 sessions (48% higher; middle half -2.1% to +2.3%), and +0.3% 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.
