# Agriculture ETFs Surge Following a Surprise USDA Report

> CME agricultural futures surged on April 1 after USDA's Prospective Plantings report showed US corn, soybean and wheat acreage well below trade guesses. May corn rose 4.64% and May soybeans rose 5.12%, with corn and soybeans hitting limit-up. Wheat and oats also gained more than 3.25%.

- Date: 2021-04-01 · published 2021-04-01T12:00:00.000Z
- Category: report · region US · magnitude high
- Page: https://feedsoft.ai/events/47553-agriculture-etfs-surge-following-a-surprise-usda-report
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Oats](https://feedsoft.ai/c/OATS.md)

## Why it matters

Acreage well below expectations sharply tightens the US supply outlook for corn, soybeans, wheat and oats, lifting feed grain prices. The size of the move signals a major repricing for feed buyers.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲
- OATS: bullish ▲
- WHEAT: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| SOY | 2021-03-30 | 1 | +5.1% | 3.7 | Directly reports May soybeans up 5.12% after the surprise USDA acreage report, matching the magnitude of the move. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2021-05-21 | [Surprises made May USDA report more negative than expected - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/12366-surprises-made-may-usda-report-more-negative-than-expected-agweek-1-source-for.md) | +0.0% | -0.6% |
| CORN | 2017-01-22 | [Post-USDA report fallout in markets - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/72940-post-usda-report-fallout-in-markets-agweek-1-source-for-agriculture-news.md) | -0.4% | +0.5% |
| CORN | 2018-03-11 | [USDA report perplexes - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/65959-usda-report-perplexes-agweek-1-source-for-agriculture-news-farming-markets.md) | +1.7% | +5.0% |
| CORN | 2026-07-10 | [USDA Releases July 2026 WASDE Report \| Agriculture of America](https://feedsoft.ai/events/18281-usda-releases-july-2026-wasde-report-agriculture-of-america.md) | +2.1% | +0.8% |
| CORN | 2025-07-11 | [USDA Releases July 2025 WASDE Report \| Agriculture of America](https://feedsoft.ai/events/23709-usda-releases-july-2025-wasde-report-agriculture-of-america.md) | -0.7% | -1.5% |
| SOY | 2017-10-15 | [WASDE Report surprises soybean market - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/68415-wasde-report-surprises-soybean-market-agweek-1-source-for-agriculture-news.md) | -2.1% | -2.3% |
| SOY | 2017-01-22 | [Post-USDA report fallout in markets - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/72940-post-usda-report-fallout-in-markets-agweek-1-source-for-agriculture-news.md) | -1.7% | -3.3% |
| SOY | 2021-11-12 | [Farming News - ADM OSR market report. Oilseeds values surged following surprisingly bullish USDA report](https://feedsoft.ai/events/7051-farming-news-adm-osr-market-report-oilseeds-values-surged-following.md) | +4.4% | +4.6% |

## Sources

- etftrends.com: https://www.etftrends.com/agriculture-etfs-surge-following-surprise-usda-report/

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