# USDA report surprises and lifts all grains in Chicago

> The USDA's November report cut the US corn yield to about 11.27 t/ha and corn production to about 404 Mt, while raising the soybean yield slightly to about 3.58 t/ha for production near 124.5 Mt and ending stocks near 8.2 Mt. On the day, July 2027 soybeans rose $12.71 to $457.96/t, corn gained $3.38 to $176.37/t and wheat rose $1.25 to $217.30/t.

- Date: 2026-11-10 · published 2026-11-12T13:35:59.816Z
- Category: report · region US · magnitude high
- Page: https://feedsoft.ai/events/95596-usda-report-surprises-and-lifts-all-grains-in-chicago
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Lower-than-expected US corn output and tighter soybean stocks reduce available supply for feed grains and soybean meal, supporting feed ingredient prices and raising feed costs for buyers.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2021-08-13 | [USDA surprise report is a market game changer - HighLine Grain Growers, Inc](https://feedsoft.ai/events/45504-usda-surprise-report-is-a-market-game-changer-highline-grain-growers-inc.md) | -1.7% | -9.0% |
| CORN | 2024-09-30 | [USDA Releases Sept. 1 Grain Stocks, Small Grains Summary Reports](https://feedsoft.ai/events/28259-usda-releases-sept-1-grain-stocks-small-grains-summary-reports.md) | +1.0% | -0.6% |
| CORN | 2020-12-03 | [Ag Markets Surprised by Stocks Report \| Feed & Grain](https://feedsoft.ai/events/49582-ag-markets-surprised-by-stocks-report-feed-and-grain.md) | +0.0% | +3.9% |
| CORN | 2021-06-10 | [Corn stocks cut in USDA WASDE report - Grainews](https://feedsoft.ai/events/46509-corn-stocks-cut-in-usda-wasde-report-grainews.md) | -1.8% | -2.6% |
| CORN | 2021-01-12 | [Grain prices soar on bullish USDA reports](https://feedsoft.ai/events/49089-grain-prices-soar-on-bullish-usda-reports.md) | +5.8% | +11.6% |
| SOY | 2021-08-13 | [USDA surprise report is a market game changer - HighLine Grain Growers, Inc](https://feedsoft.ai/events/45504-usda-surprise-report-is-a-market-game-changer-highline-grain-growers-inc.md) | -5.6% | -9.0% |
| SOY | 2018-01-01 | [USDA Reports Provide Some Surprises](https://feedsoft.ai/events/66854-usda-reports-provide-some-surprises.md) | +0.7% | +5.1% |
| SOY | 2024-09-30 | [USDA Releases Sept. 1 Grain Stocks, Small Grains Summary Reports](https://feedsoft.ai/events/28259-usda-releases-sept-1-grain-stocks-small-grains-summary-reports.md) | -2.6% | -7.3% |

## Sources

- losagronegocios.com.uy: https://losagronegocios.com.uy/agricultura/reporte-del-usda-sorprende-y-genera-subas-para-todos-los-granos-en-chicago/

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