The USDA's latest crop production estimates project Missouri corn output at 610.7 million bushels, down about 9% from 2025, on a yield of 176 bushels per acre. Missouri soybean production is forecast at 270.5 million bushels, down about 2%, with yields at 46 bushels per acre.
Nationally, the USDA cut its 2026 corn production estimate to 15.893 billion bushels while forecasting a record soybean crop.
Lower Missouri and national corn yields tighten the US corn balance sheet, supporting feed grain prices for buyers, while a record national soybean crop caps soybean meal support.
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.
After 563 past neutral report events, Soybeans moved a median -0.1% over 5 sessions (48% higher; middle half -1.7% to +1.6%), and -0.1% over 20.
After 250 past neutral report events, Soybean Meal moved a median -0.1% over 5 sessions (49% higher; middle half -1.6% to +1.7%), and +0.4% 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.