# Soybeans and Oil Crops - Market Outlook | Economic Research Service

> USDA's NASS published its first survey-based soybean yield forecast for MY 2026/27 at 52.7 bu/acre, down 0.3 from the trend estimate. Harvested acreage was raised 1.4 million to 85.8 million acres, lifting production 44 million bushels to a record 4.52 billion bushels.

- Date: 2026-06-16 · published 2026-06-16T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/18823-soybeans-and-oil-crops-market-outlook-economic-research-service
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

A record US crop with ending stocks of 320 million bushels is bearish for soybean prices, partly offset by a higher crush forecast that supports meal and oil demand.

## Read by commodity

- SBM: neutral
- SBO: neutral
- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2018-11-29 | [Outlook for U.S. Agricultural Trade: November 2018 \| Economic Research Service](https://feedsoft.ai/events/61931-outlook-for-u-s-agricultural-trade-november-2018-economic-research-service.md) | +2.1% | -0.9% |
| SOY | 2019-09-03 | [Long-Term U.S. Agricultural Outlook Affected Broadly by Uncertainty of China’s Markets \| Economic Research Service](https://feedsoft.ai/events/56957-long-term-u-s-agricultural-outlook-affected-broadly-by-uncertainty-of-china-s.md) | -1.4% | +5.7% |
| SOY | 2022-02-07 | [Farm Prices for U.S. Major Field Crops Projected To Decline \| Economic Research Service](https://feedsoft.ai/events/14958-farm-prices-for-u-s-major-field-crops-projected-to-decline-economic-research.md) | +1.9% | +7.8% |
| SOY | 2026-08-27 | [Record Soybean Crop Forecast Meets Firm Demand Outlook \| CZ app](https://feedsoft.ai/events/10973-record-soybean-crop-forecast-meets-firm-demand-outlook-cz-app.md) | +3.8% | +5.0% |
| SOY | 2023-02-09 | [Declining Crop Prices, Rising Production and Exports Highlight U.S. Agricultural Projections to 2032 \| Economic Research Service](https://feedsoft.ai/events/13299-declining-crop-prices-rising-production-and-exports-highlight-u-s-agricultural.md) | +0.4% | +0.0% |
| SBM | 2024-09-16 | [Oil Crops Outlook: September 2024 \| Economic Research Service](https://feedsoft.ai/events/28415-oil-crops-outlook-september-2024-economic-research-service.md) | +0.7% | +0.4% |
| SBM | 2026-08-27 | [Record Soybean Crop Forecast Meets Firm Demand Outlook \| CZ app](https://feedsoft.ai/events/10973-record-soybean-crop-forecast-meets-firm-demand-outlook-cz-app.md) | +3.4% | +12.0% |
| SBM | 2020-06-01 | [Tightening egg supply and surge in retail demand pushed wholesale egg prices to record levels in March \| Economic Research Service](https://feedsoft.ai/events/52624-tightening-egg-supply-and-surge-in-retail-demand-pushed-wholesale-egg-prices-to.md) | +2.1% | -0.4% |

## Sources

- ers.usda.gov: https://ers.usda.gov/topics/crops/soybeans-and-oil-crops/market-outlook

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