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USDA's Prospective Plantings report forecast 95.3 million corn acres, about 967,000 above trade estimates, and 84.7 million soybean acres, below expectations. The corn figure is a 3.4% drop from 2025 but still the fourth highest since World War II.
A larger-than-expected corn acreage implies ample supply and pressure on corn prices, while lighter soybean acres support soybean and meal values.
farmprogress.comBruce BlytheMar 31, 2026After 1,102 past bearish report events, Corn moved a median -0.2% over 5 sessions (47% higher; middle half -1.8% to +1.3%), and +0.0% over 20.
After 747 past bullish report events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +2.1%), and +0.8% over 20.
After 414 past bullish report events, Soybean Meal moved a median -0.1% over 5 sessions (48% higher; middle half -2.1% to +2.3%), and +0.3% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
