# 5 things cattle producers should know about 2019 crop fundamentals - Progressive Cattle | Ag Proud

> USDA's March report put corn plantings at 92.8 million acres, at the high end of analyst expectations, and December corn futures fell 18 cents in a day. Soybean plantings are estimated at 84.6 million acres, down 5 percent, while March 1 soybean stocks were a record 2.72 billion bushels.

- Date: 2019-04-20 · published 2019-04-20T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/59747-5-things-cattle-producers-should-know-about-2019-crop-fundamentals-progressive
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Larger expected corn supplies pressure corn prices and lower feed costs, while the smaller soybean area and record stocks point to ample soy meal supplies.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2016-12-23 | [Cattle prices declined in October - Progressive Cattle \| Ag Proud](https://feedsoft.ai/events/73417-cattle-prices-declined-in-october-progressive-cattle-ag-proud.md) | +0.8% | +3.6% |
| CORN | 2019-04-16 | [Corn fundamentals showing weakness - Morning Ag Clips](https://feedsoft.ai/events/59592-corn-fundamentals-showing-weakness-morning-ag-clips.md) | -1.8% | -1.9% |
| CORN | 2024-03-27 | [Fed cattle supplies remain larger than a year ago \| Ag Proud](https://feedsoft.ai/events/31322-fed-cattle-supplies-remain-larger-than-a-year-ago-ag-proud.md) | -3.2% | -5.0% |
| CORN | 2024-01-18 | [Ag economist says livestock producers could see lower feed costs in 2024 – WZBD](https://feedsoft.ai/events/32255-ag-economist-says-livestock-producers-could-see-lower-feed-costs-in-2024-wzbd.md) | +1.1% | -5.6% |
| CORN | 2021-09-11 | [USDA outlook reduces milk production estimates, forecasts better margins - Progressive Dairy \| Ag Proud](https://feedsoft.ai/events/45074-usda-outlook-reduces-milk-production-estimates-forecasts-better-margins.md) | +0.1% | -3.1% |
| SOY | 2025-10-10 | [Crop fundamentals create more questions - High Plains Journal](https://feedsoft.ai/events/13049-crop-fundamentals-create-more-questions-high-plains-journal.md) | -1.1% | +6.8% |
| SOY | 2026-01-21 | [2026 Crop outlook: Export momentum key to prices given abundant supplies \| FCC](https://feedsoft.ai/events/21164-2026-crop-outlook-export-momentum-key-to-prices-given-abundant-supplies-fcc.md) | +1.4% | +7.6% |
| SOY | 2018-02-26 | [Iowa produces second biggest crop in 2017](https://feedsoft.ai/events/66351-iowa-produces-second-biggest-crop-in-2017.md) | +2.4% | -0.8% |

## Sources

- agproud.com: https://www.agproud.com/articles/52566-5-things-cattle-producers-should-know-about-2019-crop-fundamentals

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