# A Smaller Corn Crop, a Cooling Rally: What USDA's 1.758-Billion-Bushel Stocks Figure Means for ADM (NYSE:ADM) and Nutrien (TSX:NTR)

> USDA cut its corn yield estimate to 179.6 bushels per acre from 181.2, below the trade average of 180.5, and ending stocks fell to 1.758 billion bushels. December corn closed at $4.48 a bushel on 11 November, down 1 cent after a sharp rally the previous day.

- Date: 2026-11-12 · published 2026-11-12T09:07:34.850Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/95243-a-smaller-corn-crop-a-cooling-rally-what-usda-s-1-758-billion-bushel-stocks
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [DDGS](https://feedsoft.ai/c/DDGS.md)

## Why it matters

A smaller US crop and tighter ending stocks support corn prices and raise feed costs for livestock buyers. The post-report rally is cooling, but the lower balance sheet still points to firm corn values.

## Read by commodity

- CORN: bullish ▲
- DDGS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-11-11 | [Wheat crops bigger, corn smaller, mirroring stock outlooks: USDA - Grain Central](https://feedsoft.ai/events/56012-wheat-crops-bigger-corn-smaller-mirroring-stock-outlooks-usda-grain-central.md) | -1.0% | -3.2% |
| CORN | 2017-02-24 | [USDA Forum: USDA sees smaller corn, soybean and wheat crops in 2017](https://feedsoft.ai/events/72340-usda-forum-usda-sees-smaller-corn-soybean-and-wheat-crops-in-2017.md) | +1.5% | -1.7% |
| CORN | 2025-06-12 | [USDA Lowers Old and New Crop U.S. Corn Ending Stocks](https://feedsoft.ai/events/24165-usda-lowers-old-and-new-crop-u-s-corn-ending-stocks.md) | +0.0% | -4.5% |
| CORN | 2020-11-10 | [USDA Lowers Corn, Soybean and Wheat Ending Stocks](https://feedsoft.ai/events/50091-usda-lowers-corn-soybean-and-wheat-ending-stocks.md) | +9.7% | +8.7% |
| CORN | 2025-05-12 | [USDA May report: Record corn crop, tight soybean stocks for 2025-26](https://feedsoft.ai/events/24608-usda-may-report-record-corn-crop-tight-soybean-stocks-for-2025-26.md) | +0.0% | +1.9% |

## Sources

- kalkine.com.au: https://kalkine.com.au/news/commodities/a-smaller-corn-crop-a-cooling-rally-what-usdas-1758-billion-bushel-stocks-figure-means-for-adm-nyseadm-and-nutrien-tsxntr

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