# Corn Surpasses Soybeans Again for US Farmers - Bloomberg

> Bloomberg reports corn has regained its position as the top US crop after farmers planted more corn than expected despite weather problems and high fertilizer costs, while cutting soybean plantings. Corn fell to its lowest level since early February following the USDA reports.

- Date: 2022-06-30 · published 2022-06-30T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/40950-corn-surpasses-soybeans-again-for-us-farmers-bloomberg
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Larger corn acreage points to heavier supplies and softer corn prices for feed buyers, while reduced soybean area may tighten soy supplies later in the season.

## Read by commodity

- SOY: bullish ▲
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2023-11-10 | [US Corn Farmers Defy Summer Drought, Extreme Heat for a Record Crop - Bloomberg](https://feedsoft.ai/events/13229-us-corn-farmers-defy-summer-drought-extreme-heat-for-a-record-crop-bloomberg.md) | +0.0% | -0.3% |
| CORN | 2024-01-15 | [Bearish Surprises for Corn and Soybeans in Latest WASDE Report](https://feedsoft.ai/events/32062-bearish-surprises-for-corn-and-soybeans-in-latest-wasde-report.md) | +0.8% | -4.7% |
| CORN | 2023-07-12 | [USDA Report Bearish News for Corn and Soybeans](https://feedsoft.ai/events/34982-usda-report-bearish-news-for-corn-and-soybeans.md) | -5.7% | -8.7% |
| CORN | 2017-08-14 | [Brazil: Estimates for corn and soybean crop are raised again](https://feedsoft.ai/events/69285-brazil-estimates-for-corn-and-soybean-crop-are-raised-again.md) | -2.0% | -4.4% |
| CORN | 2026-05-15 | [After the Bell \| Weekly losses for soybeans, corn on China disappointment - Pro Farmer](https://feedsoft.ai/events/9302-after-the-bell-weekly-losses-for-soybeans-corn-on-china-disappointment-pro.md) | +1.2% | -7.4% |
| SOY | 2017-07-20 | [USDA exports – Sales surge for corn, soybeans and wheat](https://feedsoft.ai/events/69823-usda-exports-sales-surge-for-corn-soybeans-and-wheat.md) | -1.1% | -7.8% |
| SOY | 2020-09-30 | [Big gains in corn, soybeans, wheat after USDA numbers - Brownfield Ag News](https://feedsoft.ai/events/8791-big-gains-in-corn-soybeans-wheat-after-usda-numbers-brownfield-ag-news.md) | +5.1% | +9.0% |
| SOY | 2020-09-11 | [USDA Lowers Corn and Soybean Forecasts \| AgWired](https://feedsoft.ai/events/50974-usda-lowers-corn-and-soybean-forecasts-agwired.md) | +4.4% | +6.6% |

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2022-06-30/corn-is-king-again-with-price-surge-pushing-us-farmers-to-plant

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