# USDA Lowers Corn, Soybean Production and Yield - ProAg

> USDA cut its 2019-20 US corn crop by 102 million bushels to 13.799 billion, and soybean production to 3.633 billion bushels. Corn yield was lowered to 168.2 bushels per acre and soybean yield to 47.9, though both remained above pre-report averages. USDA's first survey field data this season drove the revisions.

- Date: 2019-09-12 · published 2019-09-12T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/9896-usda-lowers-corn-soybean-production-and-yield-proag
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Corn output came in above pre-report expectations, which limits the bullish effect of the cut. Lower soybean production and ending stocks support soybean prices, and corn's larger balance keeps it under pressure.

## Read by commodity

- SOY: bullish ▲
- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-12-10 | [USDA Leaves Corn and Soybean Production, Supply and Demand Unchanged](https://feedsoft.ai/events/55512-usda-leaves-corn-and-soybean-production-supply-and-demand-unchanged.md) | +4.3% | +3.9% |
| CORN | 2017-01-01 | [Corn and Soybean Production Outlook in 2017-18](https://feedsoft.ai/events/72931-corn-and-soybean-production-outlook-in-2017-18.md) | +0.3% | +2.3% |
| CORN | 2024-08-12 | [USDA Increases 2024 Corn Production and Demand, Lowers Ending Stocks](https://feedsoft.ai/events/28712-usda-increases-2024-corn-production-and-demand-lowers-ending-stocks.md) | -1.6% | +1.4% |
| CORN | 2022-05-12 | [Corn, Soybean Production Numbers as Expected in May USDA Report](https://feedsoft.ai/events/41348-corn-soybean-production-numbers-as-expected-in-may-usda-report.md) | -0.3% | -0.9% |
| CORN | 2022-11-10 | [USDA lowers sorghum production guess - Brownfield Ag News](https://feedsoft.ai/events/38738-usda-lowers-sorghum-production-guess-brownfield-ag-news.md) | +1.8% | -5.0% |
| SOY | 2023-08-11 | [USDA Lowers Corn and Soybean Yields and Production](https://feedsoft.ai/events/12250-usda-lowers-corn-and-soybean-yields-and-production.md) | -5.3% | -4.4% |
| SOY | 2022-09-12 | [USDA Lowers Corn and Soybean Yields](https://feedsoft.ai/events/39551-usda-lowers-corn-and-soybean-yields.md) | -2.7% | -8.2% |
| SOY | 2023-09-12 | [USDA Increases Corn Production, Lowers Yield](https://feedsoft.ai/events/34039-usda-increases-corn-production-lowers-yield.md) | -2.6% | -6.5% |

## Sources

- proag.com: https://www.proag.com/news/usda-lowers-corn-soybean-production-and-yield/

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