# Outlook Forecasts Larger Corn, Soybean Crops for 2021

> USDA's first 2021-22 Grains and Oilseeds Outlook projects corn planted area at 92 million acres with a yield of 179.5 bushels per acre, for production of 15.2 billion bushels. Soybean production is projected at 4.5 billion bushels. Demand forecasts are higher, though ending stocks stay relatively low, especially for soybeans.

- Date: 2021-02-19 · published 2021-02-19T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/48482-outlook-forecasts-larger-corn-soybean-crops-for-2021
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

A larger projected corn crop is bearish for corn prices. Soybean ending stocks staying low limits how far prices can fall.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2025-02-27 | [USDA Forecasts Record Corn Crop, Larger Soybean Crop for 2025-26](https://feedsoft.ai/events/13114-usda-forecasts-record-corn-crop-larger-soybean-crop-for-2025-26.md) | -5.3% | -1.0% |
| CORN | 2017-07-17 | [U.S. corn, soybean crops projected larger](https://feedsoft.ai/events/69890-u-s-corn-soybean-crops-projected-larger.md) | +2.4% | -1.3% |
| CORN | 2016-08-15 | [USDA adjusts forecasts based on record corn, soybean crops](https://feedsoft.ai/events/9949-usda-adjusts-forecasts-based-on-record-corn-soybean-crops.md) | +2.3% | -0.6% |
| CORN | 2024-08-12 | [USDA Forecasts Record Soybean Crop](https://feedsoft.ai/events/28713-usda-forecasts-record-soybean-crop.md) | -1.6% | +1.4% |
| CORN | 2018-01-01 | [Large Corn and Soybean Yield Forecasts Hurt Price Prospects](https://feedsoft.ai/events/67026-large-corn-and-soybean-yield-forecasts-hurt-price-prospects.md) | +0.3% | +2.5% |
| SOY | 2025-02-27 | [USDA Forecasts Record Corn Crop, Larger Soybean Crop for 2025-26](https://feedsoft.ai/events/13114-usda-forecasts-record-corn-crop-larger-soybean-crop-for-2025-26.md) | -2.6% | -2.3% |
| SOY | 2016-08-15 | [USDA adjusts forecasts based on record corn, soybean crops](https://feedsoft.ai/events/9949-usda-adjusts-forecasts-based-on-record-corn-soybean-crops.md) | +2.4% | -1.9% |
| SOY | 2026-08-27 | [Record Soybean Crop Forecast Meets Firm Demand Outlook \| CZ app](https://feedsoft.ai/events/10973-record-soybean-crop-forecast-meets-firm-demand-outlook-cz-app.md) | +3.8% | +5.0% |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/article/2021/02/19/outlook-forecasts-larger-corn-crops

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