# WASDE Report Drives Grain Markets as USDA Adjusts Corn and Soybean Production Estimates | Agriculture of America

> USDA's November WASDE lowered the U.S. corn yield to 179.6 bushels per acre and raised the soybean yield to 53.3 bushels per acre, both below average trade expectations. USDA also cut its 2026 beef production forecast by 40 million pounds on slower fourth-quarter slaughter.

- Date: 2026-11-11 · published 2026-11-12T00:16:21.954Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/94461-wasde-report-drives-grain-markets-as-usda-adjusts-corn-and-soybean-production
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Corn and soybean yields below trade expectations tighten feed grain supplies and support prices, and the smaller beef output forecast supports cattle prices while tightening meat supply.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲
- LCATTLE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2018-07-12 | [USDA Bumps Corn and Soybean Production, Drops Soybean Exports](https://feedsoft.ai/events/63997-usda-bumps-corn-and-soybean-production-drops-soybean-exports.md) | +2.9% | +12.0% |
| CORN | 2026-08-12 | [USDA August WASDE Calls for Lower Yields, Higher Harvested Area for Corn and Soybeans \| Agriculture of America](https://feedsoft.ai/events/17858-usda-august-wasde-calls-for-lower-yields-higher-harvested-area-for-corn-and.md) | +3.5% | +11.8% |
| CORN | 2025-07-11 | [USDA Releases July 2025 WASDE Report \| Agriculture of America](https://feedsoft.ai/events/23709-usda-releases-july-2025-wasde-report-agriculture-of-america.md) | -0.7% | -1.5% |
| CORN | 2026-07-10 | [USDA Releases July 2026 WASDE Report \| Agriculture of America](https://feedsoft.ai/events/18281-usda-releases-july-2026-wasde-report-agriculture-of-america.md) | +2.1% | +0.8% |
| CORN | 2023-02-01 | [Drought in Argentina creates tighter stocks in soybean and corn market: WASDE - RealAgriculture](https://feedsoft.ai/events/13986-drought-in-argentina-creates-tighter-stocks-in-soybean-and-corn-market-wasde.md) | +1.2% | -4.9% |
| SOY | 2023-02-01 | [Drought in Argentina creates tighter stocks in soybean and corn market: WASDE - RealAgriculture](https://feedsoft.ai/events/13986-drought-in-argentina-creates-tighter-stocks-in-soybean-and-corn-market-wasde.md) | -1.5% | -2.2% |
| SOY | 2019-09-13 | [AgroPages-USDA, WASDE Reports Rallies The Soybean Market 29¢.-Agricultural news](https://feedsoft.ai/events/10851-agropages-usda-wasde-reports-rallies-the-soybean-market-29-agricultural-news.md) | +1.1% | +4.6% |
| SOY | 2025-02-14 | [WASDE Shows Decrease in South American Corn and Soybean Production for 2024/2025](https://feedsoft.ai/events/25997-wasde-shows-decrease-in-south-american-corn-and-soybean-production-for-2024-2025.md) | +0.9% | -3.0% |

## Sources

- agricultureofamerica.com: https://www.agricultureofamerica.com/2026/11/10/wasde-report-drives-grain-markets-as-usda-adjusts-corn-and-soybean-production-estimates/

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