# CoBank: Grain, oilseed prices continue to slide | World Grain

> CoBank reports that grain and oilseed prices kept sliding last quarter under a stronger US dollar, South American harvest arrivals and ample US stocks. US corn stocks are 8.35 billion bushels, up 13%, while soybean acreage rose 3% to 86.5 million acres and crush is at record levels.

- Date: 2024-04-12 · published 2024-04-12T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/30865-cobank-grain-oilseed-prices-continue-to-slide-world-grain
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md)

## Why it matters

Ample US corn stocks and record soybean crush point to weak feed grain prices and steady soymeal supply. Low Mississippi River water levels are a risk to shipments ahead.

## Read by commodity

- SBM: neutral
- SOY: neutral
- CORN: bearish ▼
- BARGE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2026-04-08 | [Brazil’s grain production continues shift \| World Grain](https://feedsoft.ai/events/19711-brazil-s-grain-production-continues-shift-world-grain.md) | -1.0% | +2.9% |
| CORN | 2018-06-01 | [Milk prices continue to climb higher](https://feedsoft.ai/events/9758-milk-prices-continue-to-climb-higher.md) | -2.6% | -8.6% |
| CORN | 2026-01-20 | [US sorghum output jumps 27% as farm prices slide to a 7-year low \| Feed & Grain](https://feedsoft.ai/events/21111-us-sorghum-output-jumps-27-as-farm-prices-slide-to-a-7-year-low-feed-and-grain.md) | +0.9% | +1.5% |
| CORN | 2025-12-01 | [WASDE report signals continued low wheat, corn prices](https://feedsoft.ai/events/21971-wasde-report-signals-continued-low-wheat-corn-prices.md) | +0.3% | +0.3% |
| CORN | 2026-07-06 | [FAO Cereal Price Index falls by 3.5% \| World Grain](https://feedsoft.ai/events/18411-fao-cereal-price-index-falls-by-3-5-world-grain.md) | -0.6% | +0.8% |
| SOY | 2023-03-29 | [Canadian oilseeds output to decline slightly \| World Grain](https://feedsoft.ai/events/36826-canadian-oilseeds-output-to-decline-slightly-world-grain.md) | +3.4% | -2.2% |
| SOY | 2021-03-22 | [Canada’s oilseed production expected to increase 6%  \| World Grain](https://feedsoft.ai/events/48112-canada-s-oilseed-production-expected-to-increase-6-world-grain.md) | -1.1% | +2.4% |
| SOY | 2020-07-20 | [India oilseed production on the rise \| 2020-07-20  \| World Grain](https://feedsoft.ai/events/52220-india-oilseed-production-on-the-rise-2020-07-20-world-grain.md) | +0.8% | +0.6% |

## Sources

- world-grain.com: https://www.world-grain.com/articles/19857-cobank-grain-oilseed-prices-continue-to-slide

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