# Aquafeed.com |
   

   
    Soy prices rise, U.S. to plant record crops

> Soybean and other oilseed futures hit record highs in March, while maize reached near-record levels, according to AMIS. USDA's Prospective Plantings report showed farmers intend to plant a record 90.96 million acres of soybeans for 2022/23. Soybean prices have eased in recent weeks after that report was seen as better than expected.

- Date: 2022-04-14 · published 2022-04-14T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/41879-aquafeed-com-soy-prices-rise-u-s-to-plant-record-crops
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

A record US soybean acreage outlook is bearish for future supply tightness, partly offsetting strong global demand and high prices for feed buyers.

## Read by commodity

- SOY: bearish ▼
- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2024-08-13 | [Mato Grosso Prepares to Plant Record Soybean Crop \| CZ app](https://feedsoft.ai/events/13556-mato-grosso-prepares-to-plant-record-soybean-crop-cz-app.md) | -5.5% | -3.4% |
| SOY | 2023-05-12 | [USDA Predicts Record Corn, Soybean Crops](https://feedsoft.ai/events/5016-usda-predicts-record-corn-soybean-crops.md) | -7.6% | -3.9% |
| SOY | 2016-08-26 | [Pro Farmer sees record U.S. corn, soy crops, but below USDA view](https://feedsoft.ai/events/12397-pro-farmer-sees-record-u-s-corn-soy-crops-but-below-usda-view.md) | -3.9% | -4.3% |
| SOY | 2016-09-12 | [USDA Still Sees Record Corn, Soybean Crops](https://feedsoft.ai/events/10185-usda-still-sees-record-corn-soybean-crops.md) | -3.1% | -4.1% |
| SOY | 2024-10-01 | [Corn and Soybean Prices Collapse Due to Big Crop Estimates](https://feedsoft.ai/events/27882-corn-and-soybean-prices-collapse-due-to-big-crop-estimates.md) | -2.2% | -7.9% |
| CORN | 2016-09-12 | [USDA Still Sees Record Corn, Soybean Crops](https://feedsoft.ai/events/10185-usda-still-sees-record-corn-soybean-crops.md) | +1.6% | +4.4% |
| CORN | 2018-01-01 | [Corn Prices Show Lackluster Response to Smaller Crop](https://feedsoft.ai/events/67037-corn-prices-show-lackluster-response-to-smaller-crop.md) | +0.3% | +2.5% |
| CORN | 2017-03-31 | [Column: Record soybeans to be planted \| Business \| journalgazette.net](https://feedsoft.ai/events/72035-column-record-soybeans-to-be-planted-business-journalgazette-net.md) | +0.4% | +0.3% |

## Sources

- aquafeed.com: https://www.aquafeed.com/newsroom/news/soy-prices-rise-us-to-plant-record-crops/

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