# The Mighty US Crop Markets Through 2030: Our Long-term Outlook for Corn, Soybeans, and Wheat - Rabobank

> Rabobank published a long-term outlook for US corn, soybeans, and wheat through 2030. It expects soybeans to gain acreage over corn in coming years to meet soybean oil demand from renewable diesel. It also projects expanding soybean crushing capacity, with domestic demand growing faster than exports and US global export share declining.

- Date: 2022-07-19 · published 2022-07-19T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/15377-the-mighty-us-crop-markets-through-2030-our-long-term-outlook-for-corn-soybeans
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Growing domestic crush and renewable diesel demand for soybean oil should keep soybean prices supported and reduce US export availability, while meal supply rises from crushing.

## Read by commodity

- SBM: bearish ▼
- SBO: bullish ▲
- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2025-05-12 | [Canada Know-Risk Market Outlook \| WASDE Friendly Corn and Soybeans, Bearish Wheat](https://feedsoft.ai/events/24609-canada-know-risk-market-outlook-wasde-friendly-corn-and-soybeans-bearish-wheat.md) | +0.6% | +1.1% |
| SOY | 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) | -1.1% | -7.8% |
| SOY | 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% | -2.0% |
| SOY | 2022-10-12 | [Turner's Take Ag Markets \| WASDE Bullish Soybeans and Bearish Corn/Wheat](https://feedsoft.ai/events/39095-turner-s-take-ag-markets-wasde-bullish-soybeans-and-bearish-corn-wheat.md) | -0.3% | +4.9% |
| SOY | 2019-09-30 | [USDA Releases Market-Friendly Data for Corn and Soybeans](https://feedsoft.ai/events/57009-usda-releases-market-friendly-data-for-corn-and-soybeans.md) | +3.8% | +4.2% |
| SBO | 2022-07-19 | [Soy Oil Fueling Crush Expansion: A Ten-Year Outlook - Rabobank](https://feedsoft.ai/events/15378-soy-oil-fueling-crush-expansion-a-ten-year-outlook-rabobank.md) | -4.4% | +2.8% |
| SBO | 2023-01-13 | [US soybean crop and oil prices rise after cuts in the 2022/23 MY crop estimate](https://feedsoft.ai/events/37865-us-soybean-crop-and-oil-prices-rise-after-cuts-in-the-2022-23-my-crop-estimate.md) | -1.6% | -9.4% |
| SBO | 2020-07-31 | [Soybeans firm as US biodiesel data lifts soyoil; corn flat - Markets - Business Recorder](https://feedsoft.ai/events/51967-soybeans-firm-as-us-biodiesel-data-lifts-soyoil-corn-flat-markets-business.md) | +5.1% | +11.1% |

## Sources

- rabobank.com: https://www.rabobank.com/knowledge/q011423811-the-mighty-us-crop-markets-through-2030-our-long-term-outlook-for-corn-soybeans-and-wheat

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