# Corn & Soybean Market Outlook | Industry News | feedlotmagazine.com

> Corn and soybean futures trended lower after the late-June USDA planting report, with new-crop soybeans down 57 cents from early July through July 18. Favorable weather and expectations of record yields drove declines, with USDA's July WASDE assuming corn at 181 bushels per acre and soybeans at 52.

- Date: 2024-07-26 · published 2024-07-26T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/29307-corn-and-soybean-market-outlook-industry-news-feedlotmagazine-com
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Expectations of record yields and ample supplies point to continued softness in corn and soybean prices, which benefits feed buyers over the coming harvest.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2026-04-27 | [Cattle Market Discussion \| Industry News \| feedlotmagazine.com](https://feedsoft.ai/events/19846-cattle-market-discussion-industry-news-feedlotmagazine-com.md) | +1.7% | +2.4% |
| CORN | 2023-03-30 | [Feed grain outlook lifts feeder cattle market - Grainews](https://feedsoft.ai/events/5599-feed-grain-outlook-lifts-feeder-cattle-market-grainews.md) | -0.5% | -3.0% |
| CORN | 2021-06-30 | [Soybean outlook: Soybean markets sensitive to biofuel activity – AgriNews](https://feedsoft.ai/events/46687-soybean-outlook-soybean-markets-sensitive-to-biofuel-activity-agrinews.md) | -0.4% | -10.6% |
| CORN | 2021-02-19 | [Outlook Forecasts Larger Corn, Soybean Crops for 2021](https://feedsoft.ai/events/48482-outlook-forecasts-larger-corn-soybean-crops-for-2021.md) | +0.6% | -5.3% |
| CORN | 2017-01-30 | [U.S. Corn Futures Weekly Price Outlook: Brazil In Focus - See It Market](https://feedsoft.ai/events/73038-u-s-corn-futures-weekly-price-outlook-brazil-in-focus-see-it-market.md) | +2.0% | +1.2% |
| SOY | 2024-07-16 | [Morning Grains Comments 07/16/24 \| Market Reports \| feedlotmagazine.com](https://feedsoft.ai/events/4452-morning-grains-comments-07-16-24-market-reports-feedlotmagazine-com.md) | +3.7% | -6.1% |
| SOY | 2024-12-31 | [2025 Soybean Outlook: Well-supplied market pressures prices – AgriNews](https://feedsoft.ai/events/27016-2025-soybean-outlook-well-supplied-market-pressures-prices-agrinews.md) | +1.0% | +8.0% |
| SOY | 2021-06-30 | [Soybean outlook: Soybean markets sensitive to biofuel activity – AgriNews](https://feedsoft.ai/events/46687-soybean-outlook-soybean-markets-sensitive-to-biofuel-activity-agrinews.md) | +2.0% | +5.3% |

## Sources

- feedlotmagazine.com: https://www.feedlotmagazine.com/news/industry_news/corn-soybean-market-outlook/article_bb040a90-49de-11ef-8326-e306845e28cb.html

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