# Tight Stocks, Wide Ranges: 2026 Crop Price Scenarios - American AgCredit

> An American AgCredit outlook says the May WASDE gave first 2026/27 projections, with uncertainty persisting around acreage and yields. WTI crude averaged $100 to $105 per barrel in early May, and USDA projects ethanol to use 35% of US corn and biofuels to take 54% of US soybean oil use.

- Date: 2026-05-27 · published 2026-05-27T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/19275-tight-stocks-wide-ranges-2026-crop-price-scenarios-american-agcredit
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Higher crude oil improves ethanol and biofuel economics, linking corn and soybean oil demand closely to energy prices heading into the new marketing year.

## Read by commodity

- SBO: bullish ▲
- WTI: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2023-10-05 | [Grain price jitters as rand creeps up to R20/$](https://feedsoft.ai/events/33926-grain-price-jitters-as-rand-creeps-up-to-r20.md) | -0.1% | -3.0% |
| CORN | 2022-11-17 | [The Impact of Low Stocks-to-use Ratio and the Ukraine-Russia Conflict on the Distillers-to-Corn Price Ratio \| CropWatch \| Nebraska](https://feedsoft.ai/events/38676-the-impact-of-low-stocks-to-use-ratio-and-the-ukraine-russia-conflict-on-the.md) | -1.7% | -4.9% |
| CORN | 2021-03-10 | [Food prices rise globally as countries compete to replenish stockpiles, bad weather hits crops - ABC News](https://feedsoft.ai/events/8631-food-prices-rise-globally-as-countries-compete-to-replenish-stockpiles-bad.md) | -9.5% | -0.3% |
| CORN | 2024-09-12 | [Brazilian market has firm prices and new area cut in the summer corn crop](https://feedsoft.ai/events/13549-brazilian-market-has-firm-prices-and-new-area-cut-in-the-summer-corn-crop.md) | +4.9% | +5.1% |
| CORN | 2025-09-29 | [Strong domestic demand in Brazil will require more of the second corn crop in 2026](https://feedsoft.ai/events/13473-strong-domestic-demand-in-brazil-will-require-more-of-the-second-corn-crop-in.md) | -1.8% | -1.5% |
| SBO | 2023-10-27 | [Petroleum's influence on crop prices increases \| The Western Producer](https://feedsoft.ai/events/15270-petroleum-s-influence-on-crop-prices-increases-the-western-producer.md) | -0.7% | +6.4% |
| SBO | 2022-07-15 | [Runaway price hikes has soy farmers hoarding all they can \| Buenos Aires Times](https://feedsoft.ai/events/14022-runaway-price-hikes-has-soy-farmers-hoarding-all-they-can-buenos-aires-times.md) | -1.2% | +6.7% |
| SBO | 2023-11-02 | [Petroleum increases its influence on crop prices \| The Western Producer](https://feedsoft.ai/events/15260-petroleum-increases-its-influence-on-crop-prices-the-western-producer.md) | +2.0% | +8.1% |

## Sources

- agloan.com: https://www.agloan.com/tight-stocks-wide-ranges-2026-crop-price-scenarios/

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