# USDA Reports Surprise Sends Corn Market Reeling

> Following the June 28 NASS Grain Stocks and Acreage reports, December corn fell through $4.52 support and closed 19.5 cents lower. Corn planted area came in at 91.7 million acres, well above the pre-report average, while soybean area was about 80 million acres, 10% below last year.

- Date: 2019-06-28 · published 2019-06-28T12:00:00.000Z
- Category: report · region US · magnitude high
- Page: https://feedsoft.ai/events/58539-usda-reports-surprise-sends-corn-market-reeling
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Higher corn acres and lower soybean acres shift supply expectations, pressuring corn prices while soybean meal supply outlook tightens relative to soy crush demand.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-01-01 | [USDA Reports Provide Surprises for Corn](https://feedsoft.ai/events/61054-usda-reports-provide-surprises-for-corn.md) | +1.4% | +1.8% |
| CORN | 2017-11-16 | [USDA report surprises oilseed market - Manitoba Co-operator](https://feedsoft.ai/events/67933-usda-report-surprises-oilseed-market-manitoba-co-operator.md) | +1.0% | +3.9% |
| CORN | 2021-10-12 | [WASDE Report Prints Bearish Soybean Data, Sends Market Reeling](https://feedsoft.ai/events/44486-wasde-report-prints-bearish-soybean-data-sends-market-reeling.md) | +0.0% | +9.0% |
| CORN | 2018-12-14 | [USDA reports provide few surprises](https://feedsoft.ai/events/7515-usda-reports-provide-few-surprises.md) | +0.5% | +0.1% |
| CORN | 2025-10-01 | [USDA Grain Stocks Report Surprises Corn and Wheat - RFD](https://feedsoft.ai/events/9845-usda-grain-stocks-report-surprises-corn-and-wheat-rfd.md) | +1.4% | +2.3% |
| SOY | 2018-01-01 | [USDA Reports Provide Some Surprises](https://feedsoft.ai/events/66854-usda-reports-provide-some-surprises.md) | +0.7% | +5.1% |
| SOY | 2021-08-13 | [USDA surprise report is a market game changer - HighLine Grain Growers, Inc](https://feedsoft.ai/events/45504-usda-surprise-report-is-a-market-game-changer-highline-grain-growers-inc.md) | -5.6% | -9.0% |
| SOY | 2024-11-08 | [USDA Reports Summary](https://feedsoft.ai/events/13133-usda-reports-summary.md) | -2.9% | -2.1% |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/article/2019/06/28/usda-reports-surprise-sends-corn

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