# US Corn Is King Now, but Production Costs Threaten Its Reign

> Gro Intelligence reports that US corn's operating profit per acre in 2017 was $285, below the $297 earned by soybeans, with corn net losses once overhead and land costs are included. Rising corn production costs are a key theme.

- Date: 2019-02-27 · published 2019-02-27T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/60638-us-corn-is-king-now-but-production-costs-threaten-its-reign
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Higher corn production costs relative to soybeans may shift US planting toward soybeans, which over time would tighten corn supply and favor soy acreage.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-03-19 | [Ethanol production puts bottom in corn market - Inside Grains & Raw Material \| Boerenbusiness. Nl](https://feedsoft.ai/events/60073-ethanol-production-puts-bottom-in-corn-market-inside-grains-and-raw-material.md) | -0.3% | -3.4% |
| CORN | 2018-03-01 | [Corn, soy costs ‘as good as it gets,’ but for how long? \| WATTAgNet \| WATTPoultry.com](https://feedsoft.ai/events/66155-corn-soy-costs-as-good-as-it-gets-but-for-how-long-wattagnet-wattpoultry-com.md) | +0.8% | +1.3% |
| CORN | 2023-01-03 | [How Consumers and Businesses are Reacting to Food Price Inflation - Euromonitor.com](https://feedsoft.ai/events/12190-how-consumers-and-businesses-are-reacting-to-food-price-inflation-euromonitor.md) | -2.2% | -1.0% |
| CORN | 2018-02-08 | [Poultry production expected to grow 3% annually](https://feedsoft.ai/events/66647-poultry-production-expected-to-grow-3-annually.md) | +0.2% | +2.3% |
| CORN | 2021-10-14 | [Britain's chicken king says the 20-year binge on cheap food is over \| Reuters](https://feedsoft.ai/events/44730-britain-s-chicken-king-says-the-20-year-binge-on-cheap-food-is-over-reuters.md) | +3.2% | +13.8% |
| SOY | 2017-06-28 | [The situation in the US is improving because of the precipitation, in Ukraine however it does not rain](https://feedsoft.ai/events/70610-the-situation-in-the-us-is-improving-because-of-the-precipitation-in-ukraine.md) | +7.1% | +8.5% |
| SOY | 2018-03-01 | [Corn, soy costs ‘as good as it gets,’ but for how long? \| WATTAgNet \| WATTPoultry.com](https://feedsoft.ai/events/66155-corn-soy-costs-as-good-as-it-gets-but-for-how-long-wattagnet-wattpoultry-com.md) | +1.0% | -2.6% |
| SOY | 2023-10-31 | [US dollar falls as markets believe Fed is done hiking rates \| Reuters](https://feedsoft.ai/events/11457-us-dollar-falls-as-markets-believe-fed-is-done-hiking-rates-reuters.md) | +4.5% | +5.0% |

## Sources

- gro-intelligence.com: https://www.gro-intelligence.com/insights/us-corn-is-king-now-but-production-costs-threaten-its-reign

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