USDA Report Sends Soybean and Corn Prices Soaring in Brazil

After 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.

• Mar 31, 2022USDA Report Bullish for Corn, Bearish for Soybeans+4.1%
• Aug 12, 2022USDA Lowers Corn Production, Increases Soybean Production in August Reports-0.7%
• Apr 11, 2026Soybeans up and corn down in planting report - High Plains Journal+1.7%
• Jul 12, 2018USDA Bumps Corn and Soybean Production, Drops Soybean Exports+2.9%
• Sep 12, 2022USDA Lowers Corn and Soybean Yields-1.1%

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.

• Aug 13, 2025USDA crop report: Corn yields soar, soybean prices rise+0.1%
• Jan 1, 2017USDA Reports Provide Support to Soybean Prices0.0%
• Sep 12, 2022USDA Lowers Corn and Soybean Yields-2.7%
• Jun 28, 2019USDA Reports Surprise Sends Corn Market Reeling-1.7%
• Jan 10, 2025USDA Reports a Game Changer, as Corn and Soybean Yields are Slashed+2.7%

After 769 past bullish report events, Wheat (SRW) moved a median +0.2% over 5 sessions (53% higher; middle half -1.4% to +2.0%), and +0.2% over 20.

• May 12, 2022Corn, Soybean Production Numbers as Expected in May USDA Report+5.9%
• Oct 12, 2021WASDE Report Prints Bearish Soybean Data, Sends Market Reeling+0.7%
• Jan 12, 2021Grain prices soar on bullish USDA reports+2.3%
• Aug 11, 2023USDA Lowers Corn and Soybean Yields and Production-1.5%
• Jul 13, 2016USDA report brings some grain price relief | NSW+1.0%

Not enough comparable past events yet for a historical read.