# The Market Influence We Ignore

> DTN analyst Todd Hultman argues that USDA projects around 955 million bushels of US soybean ending stocks for 2018-19, equal to about 23% of use and correlating with a $6 cash price. He says a possible billion bushels or more of stocks in both 2018-19 and the new crop year is the main bearish concern.

- Date: 2019-03-01 · published 2019-03-01T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/60122-the-market-influence-we-ignore
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Projected record soybean surpluses point to continued pressure on soybean and meal prices, though low prices may eventually curb acreage and support the market later.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2018-10-12 | [Grain markets continue to test our patience — This week in the grain markets - RealAgriculture](https://feedsoft.ai/events/62582-grain-markets-continue-to-test-our-patience-this-week-in-the-grain-markets.md) | +0.6% | +1.1% |
| SOY | 2016-11-29 | [Week 45: Overview of the world veg-oil market \| Greenea](https://feedsoft.ai/events/10930-week-45-overview-of-the-world-veg-oil-market-greenea.md) | -1.2% | -3.9% |
| SOY | 2025-10-30 | [The Commodity Markets Outlook in eight charts](https://feedsoft.ai/events/22717-the-commodity-markets-outlook-in-eight-charts.md) | +3.7% | +4.7% |
| SOY | 2022-06-14 | [COVID in China and the war in Ukraine remain the main factors influencing the oil markets 14.06.2022 - UkrAgroConsult](https://feedsoft.ai/events/7218-covid-in-china-and-the-war-in-ukraine-remain-the-main-factors-influencing-the.md) | -1.6% | -7.0% |
| SOY | 2018-09-20 | [Sunflower markets end the week mixed - High Plains Journal](https://feedsoft.ai/events/63145-sunflower-markets-end-the-week-mixed-high-plains-journal.md) | +2.4% | +6.7% |
| CORN | 2024-04-17 | [Poultry market outlook – The issues influencing production - Poultry Producer](https://feedsoft.ai/events/30880-poultry-market-outlook-the-issues-influencing-production-poultry-producer.md) | +0.2% | +2.7% |
| CORN | 2017-07-13 | [A Shock to the Wheat Market - Northern Ag Network](https://feedsoft.ai/events/69888-a-shock-to-the-wheat-market-northern-ag-network.md) | +0.3% | -1.2% |
| CORN | 2025-10-30 | [The Commodity Markets Outlook in eight charts](https://feedsoft.ai/events/22717-the-commodity-markets-outlook-in-eight-charts.md) | +0.0% | +1.7% |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/article/2019/03/01/market-influence-ignore

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