# USDA Trade Report Highlights for 2021 and 2022 | AgAmerica

> The USDA ERS third-quarter trade outlook raised its FY2021 US agricultural export forecast by $9.5 billion to $173.5 billion and projects $177.5 billion for FY2022. The increase reflects record forecasts for soybeans, cotton and horticultural products, along with a revised WTO-based definition of agricultural trade.

- Date: 2021-09-01 · published 2021-09-01T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/44960-usda-trade-report-highlights-for-2021-and-2022-agamerica
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Record projected soybean exports point to strong US demand and tight supplies, which is supportive for soybean prices. The definition change affects headline totals more than physical flows.

## Read by commodity

- SOY: bullish ▲
- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2024-07-15 | [USDA report highlights Mexico's soybean meal import surge \| Feed & Grain](https://feedsoft.ai/events/29389-usda-report-highlights-mexico-s-soybean-meal-import-surge-feed-and-grain.md) | -3.3% | -9.4% |
| SOY | 2021-08-29 | [USDA Forecasts Record Farm Exports in FY 2021 and FY 2022 \| Farm Policy News \| Illinois](https://feedsoft.ai/events/45418-usda-forecasts-record-farm-exports-in-fy-2021-and-fy-2022-farm-policy-news.md) | -5.6% | -5.3% |
| SOY | 2025-05-12 | [USDA May report: Record corn crop, tight soybean stocks for 2025-26](https://feedsoft.ai/events/24608-usda-may-report-record-corn-crop-tight-soybean-stocks-for-2025-26.md) | +0.6% | +1.1% |
| SOY | 2022-05-29 | [Texas A&M Report Shows Impact of Higher Crop and Input Prices for 2022 - Cotton Grower](https://feedsoft.ai/events/41537-texas-a-and-m-report-shows-impact-of-higher-crop-and-input-prices-for-2022.md) | -1.9% | -4.0% |
| SOY | 2018-05-11 | [Mike Silver Analyzes USDA May Report and the Win for Soybeans \| Hoosier Ag Today](https://feedsoft.ai/events/64972-mike-silver-analyzes-usda-may-report-and-the-win-for-soybeans-hoosier-ag-today.md) | -1.8% | -4.3% |
| CORN | 2023-12-08 | [Wheat, corn and soybean highlights of USDA’s December WASDE report \| The Mighty 790 KFGO \| KFGO](https://feedsoft.ai/events/32639-wheat-corn-and-soybean-highlights-of-usda-s-december-wasde-report-the-mighty.md) | -2.7% | -0.3% |
| CORN | 2023-01-10 | [Trade and Trade Policy Outlook 2023 - Purdue Ag Econ Report](https://feedsoft.ai/events/37715-trade-and-trade-policy-outlook-2023-purdue-ag-econ-report.md) | +1.9% | +2.6% |
| CORN | 2026-08-01 | [Move on 2026 and 2027 grain prices before Aug. 12 USDA report](https://feedsoft.ai/events/18392-move-on-2026-and-2027-grain-prices-before-aug-12-usda-report.md) | -0.6% | +10.8% |

## Sources

- agamerica.com: https://agamerica.com/blog/q3-2021-usda-trade-outlook/

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