# Column: U.S. soybeans set to pass the excess-supply baton to corn in 2021

> A Reuters column notes that USDA's projected 2020-21 US corn carryout of 3.318 billion bushels is the highest figure the agency has printed in any month in more than three decades. The column argues that soybeans are passing excess supply to corn.

- Date: 2020-05-15 · published 2020-05-15T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/53063-column-u-s-soybeans-set-to-pass-the-excess-supply-baton-to-corn-in-2021
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Record-high projected corn stocks signal a heavy supply overhang that pressures corn prices, with soybean surpluses also feeding into the feed complex outlook.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼

## Sources

- reuters.com: https://www.reuters.com/article/markets/stocks/column-us-soybeans-set-to-pass-the-excess-supply-baton-to-corn-in-2021-idUSKBN22R18W/

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