# Looking Ahead To 2024: Corn, Soybeans Show No Rush

> DTN reports December 2024 corn and November 2024 soybeans have traded sideways since August, with the DTN cash corn index at $4.40 and soybeans near $12.70. USDA projects 2023-24 US ending corn stocks at 2.16 billion bushels and soybean stocks at 245 million bushels, the lowest in eight years.

- Date: 2023-11-27 · published 2023-11-27T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/33187-looking-ahead-to-2024-corn-soybeans-show-no-rush
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Ample corn stocks are bearish, while tight soybean stocks support soy-based feed prices; the outlook depends heavily on South American and US weather.

## Read by commodity

- SOY: bullish ▲
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2024-01-17 | [2023 Corn and Soybean Yields](https://feedsoft.ai/events/13212-2023-corn-and-soybean-yields.md) | +0.2% | -4.9% |
| CORN | 2016-07-19 | [Corn and soybeans tumble after healthy crop readings](https://feedsoft.ai/events/7420-corn-and-soybeans-tumble-after-healthy-crop-readings.md) | -3.7% | -6.8% |
| CORN | 2023-07-13 | [Bearish WASDE Report Impacting Corn, Soybeans, and Wheat](https://feedsoft.ai/events/34985-bearish-wasde-report-impacting-corn-soybeans-and-wheat.md) | -1.6% | -7.1% |
| CORN | 2025-01-22 | [2025 Corn, Soybean, and Wheat Outlook \| CAES Field Report](https://feedsoft.ai/events/26478-2025-corn-soybean-and-wheat-outlook-caes-field-report.md) | -0.8% | +3.8% |
| CORN | 2024-05-30 | [Corn, Soybean Stocks-to-Use Ratios](https://feedsoft.ai/events/30286-corn-soybean-stocks-to-use-ratios.md) | -4.0% | -5.1% |
| SOY | 2025-01-13 | [WASDE Shows Decrease in US Corn and Soybeans Ending Stocks in 2024/2025](https://feedsoft.ai/events/26454-wasde-shows-decrease-in-us-corn-and-soybeans-ending-stocks-in-2024-2025.md) | +2.0% | +3.6% |
| SOY | 2019-02-15 | [Soybean, corn, wheat - where to look for buying opportunity? \| XTB](https://feedsoft.ai/events/60561-soybean-corn-wheat-where-to-look-for-buying-opportunity-xtb.md) | +0.7% | +0.6% |
| SOY | 2021-01-12 | [Corn Soars to Limit Gains, Soybeans Reach New Highs](https://feedsoft.ai/events/48991-corn-soars-to-limit-gains-soybeans-reach-new-highs.md) | +0.8% | +2.0% |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/article/2023/11/27/looking-ahead-2024-corn-soybeans-2

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