# USDA Outlook: More Crop Acres and Stronger Exports Sales in 2020 - Northern Ag Network

> USDA's initial 2020 outlook projects corn planted area rising 5% to 94 million acres and soybean area rising 12% to 85 million acres as prevented-planting acres return to production. Prices are forecast at $3.60 for corn, down 25 cents, and $8.80 for soybeans, up 5 cents.

- Date: 2020-02-20 · published 2020-02-20T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/54624-usda-outlook-more-crop-acres-and-stronger-exports-sales-in-2020-northern-ag
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Higher projected corn and soybean acreage implies larger supplies, which weighs on corn prices, while soybean prices are supported by lower stocks but capped by South American output.

## Read by commodity

- SOY: neutral
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2020-02-20 | [USDA: Mixed 2020 farm outlook on small export increase, record production \| 2020-02-20  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/54621-usda-mixed-2020-farm-outlook-on-small-export-increase-record-production-2020-02.md) | -1.8% | -8.0% |
| SOY | 2023-03-22 | [AgroPages-Nutrien‘s 2023 Market Outlook: Expect structural supply issues to persist and demand for crop inputs to increase-Agricultural news](https://feedsoft.ai/events/37212-agropages-nutrien-s-2023-market-outlook-expect-structural-supply-issues-to.md) | +0.1% | +2.7% |
| SOY | 2016-06-16 | [USDA exports - Soybean sales up as China buys](https://feedsoft.ai/events/10754-usda-exports-soybean-sales-up-as-china-buys.md) | -1.6% | -3.8% |
| SOY | 2024-10-25 | [Export Sales to China and Mexico \| USDA Foreign Agricultural Service](https://feedsoft.ai/events/14712-export-sales-to-china-and-mexico-usda-foreign-agricultural-service.md) | -1.4% | -1.9% |
| SOY | 2026-02-10 | [USDA Keeps Soybeans Steady, Boosts Corn Export Outlook in February WASDE Report - RFD](https://feedsoft.ai/events/20550-usda-keeps-soybeans-steady-boosts-corn-export-outlook-in-february-wasde-report.md) | +2.1% | +6.9% |
| CORN | 2025-08-12 | [USDA Predicts Record Corn Crop in Latest WASDE Report - Northern Ag Network](https://feedsoft.ai/events/23281-usda-predicts-record-corn-crop-in-latest-wasde-report-northern-ag-network.md) | +0.0% | +4.3% |
| CORN | 2026-10-13 | [Corn Market Outlook After USDA's Yield Surprise \| American Ag Network](https://feedsoft.ai/events/427-corn-market-outlook-after-usda-s-yield-surprise-american-ag-network.md) | -2.0% | — |
| CORN | 2025-11-14 | [USDA Provides Fresh Data with November WASDE Report and Flash Sales Data \| American Ag Network](https://feedsoft.ai/events/21890-usda-provides-fresh-data-with-november-wasde-report-and-flash-sales-data.md) | -0.8% | -0.3% |

## Sources

- northernag.net: https://www.northernag.net/usda-outlook-more-crop-acres-and-stronger-exports-sales-in-2020/

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