# USDA cuts corn, raises soy and wheat acreage for 2022

> USDA's first 2022 production outlook projects 92.0 million acres of U.S. corn, down 1.4 million acres (1.5%) from 2021, as high input costs shift land to other crops. Soybean and wheat acreage are raised. The report was released before the Russian invasion of Ukraine and does not reflect the resulting market moves.

- Date: 2022-02-24 · published 2022-02-24T12:00:00.000Z
- Category: report · region US · magnitude high
- Page: https://feedsoft.ai/events/13389-usda-cuts-corn-raises-soy-and-wheat-acreage-for-2022
- 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 corn acreage tightens the corn supply outlook and supports prices, while higher soybean and wheat plantings add supply and weigh on those markets. Fertilizer costs are a key driver of the acreage shift.

## Read by commodity

- SOY: bearish ▼
- CORN: bullish ▲
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2017-07-20 | [USDA exports – Sales surge for corn, soybeans and wheat](https://feedsoft.ai/events/69823-usda-exports-sales-surge-for-corn-soybeans-and-wheat.md) | -1.5% | -5.9% |
| CORN | 2026-04-10 | [USDA Raises Wheat, Corn and Soy Price Estimates - Farm Policy News](https://feedsoft.ai/events/19746-usda-raises-wheat-corn-and-soy-price-estimates-farm-policy-news.md) | +1.0% | +2.2% |
| CORN | 2018-03-08 | [USDA Raises Corn Demand for Exports and Ethanol](https://feedsoft.ai/events/65955-usda-raises-corn-demand-for-exports-and-ethanol.md) | +2.4% | +5.3% |
| CORN | 2024-04-16 | [USDA revises corn and sorghum forecasts for 2023/24 \| Feed & Grain](https://feedsoft.ai/events/30811-usda-revises-corn-and-sorghum-forecasts-for-2023-24-feed-and-grain.md) | -0.3% | +3.3% |
| 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% |
| SOY | 2018-03-08 | [USDA Raises Corn Demand for Exports and Ethanol](https://feedsoft.ai/events/65955-usda-raises-corn-demand-for-exports-and-ethanol.md) | -2.5% | -2.3% |
| SOY | 2020-04-09 | [USDA raises corn, soy, wheat supply outlook - Country Guide](https://feedsoft.ai/events/53601-usda-raises-corn-soy-wheat-supply-outlook-country-guide.md) | -2.1% | -1.5% |
| SOY | 2018-10-12 | [USDA raises corn, soybean and wheat ending stocks estimates \| 2018-10-12  \| World Grain](https://feedsoft.ai/events/62480-usda-raises-corn-soybean-and-wheat-ending-stocks-estimates-2018-10-12-world.md) | +0.6% | +1.1% |

## Sources

- farmprogress.com: https://www.farmprogress.com/farm-business/usda-cuts-corn-raises-soy-and-wheat-acreage-for-2022

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