# USDA acreage report shocks the market

> USDA's June Quarterly Stocks and Acreage report surprised the market, with corn planted area at 91.7 million acres versus trade estimates of 86.7 million. Soybean acreage came in well below expectations, following planting delays across the Corn Belt.

- Date: 2019-06-28 · published 2019-06-28T12:00:00.000Z
- Category: report · region US · magnitude high
- Page: https://feedsoft.ai/events/58542-usda-acreage-report-shocks-the-market
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Corn acreage well above expectations is bearish for corn prices, while the sharp soybean acreage shortfall is supportive for soybeans and soy meal.

## Read by commodity

- SOY: bullish ▲
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2023-06-30 | [PF Report Reaction: Acreage shocker from USDA - Pro Farmer](https://feedsoft.ai/events/35512-pf-report-reaction-acreage-shocker-from-usda-pro-farmer.md) | -2.3% | +1.5% |
| CORN | 2025-03-31 | [Corn Acres Top 95 Million, But There’s a Silver Lining in USDA’s March Acreage Report](https://feedsoft.ai/events/25597-corn-acres-top-95-million-but-there-s-a-silver-lining-in-usda-s-march-acreage.md) | +0.4% | +4.2% |
| CORN | 2024-06-28 | [Corn Falls on Friday as USDA Reports Larger Acreage and Stocks](https://feedsoft.ai/events/29803-corn-falls-on-friday-as-usda-reports-larger-acreage-and-stocks.md) | -0.3% | -0.9% |
| CORN | 2026-06-17 | [Trade turns to stocks, acreage reports – AgriNews](https://feedsoft.ai/events/18736-trade-turns-to-stocks-acreage-reports-agrinews.md) | -0.8% | +1.2% |
| CORN | 2019-06-28 | [USDA Reports Surprise Sends Corn Market Reeling](https://feedsoft.ai/events/58539-usda-reports-surprise-sends-corn-market-reeling.md) | -2.0% | -4.5% |
| SOY | 2018-03-30 | [The soybean market is shocked by the USDA report](https://feedsoft.ai/events/66080-the-soybean-market-is-shocked-by-the-usda-report.md) | -1.1% | +0.0% |
| SOY | 2023-06-30 | [PF Report Reaction: Acreage shocker from USDA - Pro Farmer](https://feedsoft.ai/events/35512-pf-report-reaction-acreage-shocker-from-usda-pro-farmer.md) | +0.2% | +0.3% |
| SOY | 2018-06-12 | [U.S. Grain Stocks Get Smaller, USDA Report Shows](https://feedsoft.ai/events/64478-u-s-grain-stocks-get-smaller-usda-report-shows.md) | -4.7% | -10.6% |

## Sources

- agweek.com: https://agweek.com/business/usda-acreage-report-shocks-the-market

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