# Will recent weakness in CBOT corn, soy become a trend through 2023?

> CBOT corn and soybean futures have weakened recently, with February new-crop prices setting insurance guarantees for the coming harvest. Corn gained ground against soybeans compared with last year, and analysts expect US corn acreage to rise in 2023 while soybean acres stay flatter.

- Date: 2023-02-28 · published 2023-02-28T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/36881-will-recent-weakness-in-cbot-corn-soy-become-a-trend-through-2023
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Expected expansion of corn plantings relative to soybeans points to larger corn supplies and softer corn prices, while soybean supply expectations stay steady.

## Read by commodity

- SOY: neutral
- CORN: bearish ▼

## Sources

- financialpost.com: https://financialpost.com/pmn/business-pmn/will-recent-weakness-in-cbot-corn-soy-become-a-trend-through-2023-braun
- reuters.com: https://www.reuters.com/markets/commodities/will-recent-weakness-cbot-corn-soy-become-trend-through-2023-2023-03-01/

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