# WASDE November 2026: corn, soybeans and animal protein meal

> USDA's November WASDE report, released November 10, cut the 2026/27 US corn yield from 181.2 to 179.6 bushels per acre, reducing production by 141 million bushels to about 15.893 billion. US corn ending stocks fell 91 million bushels to 1.758 billion, while the season-average farm price was lowered by $0.10 to about $4.60 per bushel. USDA also raised soybean production slightly, but expected exports to rise enough to absorb the extra supply, cutting US soybean ending stocks by 15 million bushels to 300 million.

- Date: 2026-11-13 · published 2026-11-14T19:37:09.315Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/99904-wasde-november-2026-corn-soybeans-and-animal-protein-meal
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Tighter US corn and soybean balance sheets raise the cost of energy and protein feed ingredients. Lower corn stocks and firmer soybean meal economics can shift buyers' relative preference toward meat and bone meal, poultry meal and other protein alternatives.

## Read by commodity

- SBM: neutral
- SOY: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2023-09-23 | [WASDE shocker boosts corn and soybeans](https://feedsoft.ai/events/34109-wasde-shocker-boosts-corn-and-soybeans.md) | -0.3% | +1.6% |
| CORN | 2025-01-13 | [WASDE Shows Decrease in US Corn and Soybeans Ending Stocks in 2024/2025](https://feedsoft.ai/events/26454-wasde-shows-decrease-in-us-corn-and-soybeans-ending-stocks-in-2024-2025.md) | +1.7% | +1.8% |
| CORN | 2017-11-30 | [Rabobank: Animal protein continues to expand around the world \| Meatpoultry.com \| November 29, 2017 21:37 \| MEAT+POULTRY](https://feedsoft.ai/events/68099-rabobank-animal-protein-continues-to-expand-around-the-world-meatpoultry-com.md) | +1.0% | +7.1% |
| CORN | 2025-02-14 | [WASDE Shows Decrease in South American Corn and Soybean Production for 2024/2025](https://feedsoft.ai/events/25997-wasde-shows-decrease-in-south-american-corn-and-soybean-production-for-2024-2025.md) | +1.4% | -6.6% |
| CORN | 2024-08-23 | [Pro Farmer releases 2024 national corn and soybean estimates - Pro Farmer](https://feedsoft.ai/events/13160-pro-farmer-releases-2024-national-corn-and-soybean-estimates-pro-farmer.md) | +0.2% | +6.1% |
| SOY | 2023-09-23 | [WASDE shocker boosts corn and soybeans](https://feedsoft.ai/events/34109-wasde-shocker-boosts-corn-and-soybeans.md) | -1.6% | +0.5% |
| SOY | 2025-01-13 | [WASDE Shows Decrease in US Corn and Soybeans Ending Stocks in 2024/2025](https://feedsoft.ai/events/26454-wasde-shows-decrease-in-us-corn-and-soybeans-ending-stocks-in-2024-2025.md) | +2.0% | +3.6% |
| SOY | 2020-11-12 | [November WASDE Report Tightens Soybean Stocks](https://feedsoft.ai/events/12423-november-wasde-report-tightens-soybean-stocks.md) | +2.8% | +0.8% |

## Sources

- manta-sg.com: https://manta-sg.com/vi/insights/corn-soybean-november-wasde-2026/

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