# U.S. corn plantings top expectations despite floods; prices sink

> USDA's June quarterly stocks report showed soybean stocks at a record 1.790 billion bushels as of June 1, with corn stocks at 5.202 billion bushels and wheat stocks at 1.072 billion bushels. Corn planting came in above expectations despite spring floods, and prices fell.

- Date: 2019-06-28 · published 2019-06-28T12:00:00.000Z
- Category: report · region US · magnitude high
- Page: https://feedsoft.ai/events/58537-u-s-corn-plantings-top-expectations-despite-floods-prices-sink
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Large stocks and higher-than-expected corn acreage point to ample supply, pressuring corn and soybean prices and easing feed grain costs.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2025-09-30 | [Report Reaction \| Corn stocks top expectations - Pro Farmer](https://feedsoft.ai/events/9843-report-reaction-corn-stocks-top-expectations-pro-farmer.md) | +0.4% | +5.9% |
| WHEAT | 2026-02-10 | [USDA Defies Expectations by Lowering Corn Ending Stocks](https://feedsoft.ai/events/20544-usda-defies-expectations-by-lowering-corn-ending-stocks.md) | +1.9% | +6.3% |
| WHEAT | 2025-06-25 | [Wheat Price Forecast: Expectations For Abundant Supplies To](https://feedsoft.ai/events/24272-wheat-price-forecast-expectations-for-abundant-supplies-to.md) | +2.2% | -1.5% |
| WHEAT | 2025-02-11 | [USDA Defies Expectations, Holds Corn and Soybean Ending Stocks Steady](https://feedsoft.ai/events/25987-usda-defies-expectations-holds-corn-and-soybean-ending-stocks-steady.md) | +2.0% | -3.0% |
| WHEAT | 2020-06-11 | [Corn debunks bearish expectations on smaller 2019 crop](https://feedsoft.ai/events/52552-corn-debunks-bearish-expectations-on-smaller-2019-crop.md) | -1.4% | -5.1% |
| SOY | 2026-10-28 | [Corn Soybean Prices Dip as US Harvest Exceeds Expectations \| Feed Strategy](https://feedsoft.ai/events/67-corn-soybean-prices-dip-as-us-harvest-exceeds-expectations-feed-strategy.md) | -1.6% | — |
| SOY | 2020-05-26 | [Soybean prices expected to fall despite growing demand \| Feed Strategy](https://feedsoft.ai/events/53461-soybean-prices-expected-to-fall-despite-growing-demand-feed-strategy.md) | +0.9% | +5.2% |
| SOY | 2023-06-09 | [Corn and soy export expectations drop in Friday's WASDE report](https://feedsoft.ai/events/35443-corn-and-soy-export-expectations-drop-in-friday-s-wasde-report.md) | +4.8% | +10.6% |

## Sources

- agriland.ie: https://www.agriland.ie/farming-news/grain-price-us-markets-fall-as-corn-acreage-estimated-up/
- reuters.com: https://www.reuters.com/article/us-usda-crops/us-corn-plantings-top-expectations-despite-floods-prices-sink-idUSKCN1TT2GN/

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