◂ Event Timeline

Mar 31, 2026REPORTUS

CBOT soybean futures rally as planting estimate falls short of expectations

CBOT soybean futures rallied on March 31, 2026 after the USDA planting estimate came in below expectations. The article is paywalled and the body is mostly unrelated Reuters economy headlines.

WHY IT MATTERS

A smaller-than-expected US soybean area implies tighter supply for the season, which supports soybean and meal prices.

AFFECTSSoybeans▲

SOURCE
marketscreener.comReutersMar 31, 2026

Price reaction & history

Soybeans▲bullishSO FAR1d +1.0%5d -0.1%20d +1.1%

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.

Mar 31, 2021Futures hit limits as USDA fails to deliver corn, soybean planting hike - Fastmarkets+3.1%
Jul 1, 2020Corn extends rally after deep cut to US planting estimate - Markets - Business Recorder+1.2%
May 12, 2025Report Snapshot | Corn, soybean ending stocks well below expectations - Pro Farmer+0.6%
Nov 10, 2021PF Report Reaction: USDA unexpectedly trims its soybean crop estimate - Pro Farmer+4.3%
Oct 5, 2022Pro Farmer Crop Estimates Far Below USDA Expectations - AgWeb-0.5%

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.

Soybeans SOY · GP ▸

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