# A Recap of the Quarterly Grain Stocks and Prospective Plantings Report

> USDA's Quarterly Grain Stocks report showed record March 1 corn stocks of 8.89 billion bushels, above expectations. Planted corn acreage came in at 88 million acres, below the 89.3 million trade estimate, and soybean acreage also surprised lower.

- Date: 2018-03-29 · published 2018-03-29T12:00:00.000Z
- Category: report · region US · magnitude high
- Page: https://feedsoft.ai/events/65956-a-recap-of-the-quarterly-grain-stocks-and-prospective-plantings-report
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

The lower-than-expected acreage is a bullish surprise for corn and soybeans, outweighing the bearish stocks figure and shaping prices heading into planting.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2024-09-30 | [SEP 30.24 USDA Quarterly Stocks Report - ADM Investor Services](https://feedsoft.ai/events/28251-sep-30-24-usda-quarterly-stocks-report-adm-investor-services.md) | +1.0% | -0.6% |
| CORN | 2017-04-03 | [Both good and bad implications from the Grain Stocks report - Brownfield Ag News](https://feedsoft.ai/events/71538-both-good-and-bad-implications-from-the-grain-stocks-report-brownfield-ag-news.md) | -0.9% | +1.5% |
| CORN | 2022-01-12 | [U.S. grains: Wheat futures fall on bigger-than-expected plantings, stocks - AgCanada](https://feedsoft.ai/events/43100-u-s-grains-wheat-futures-fall-on-bigger-than-expected-plantings-stocks-agcanada.md) | -2.6% | +3.6% |
| CORN | 2021-06-11 | [Old-Crop Corn Stocks Surprise of WASDE Report \| Feed & Grain](https://feedsoft.ai/events/46505-old-crop-corn-stocks-surprise-of-wasde-report-feed-and-grain.md) | -6.1% | -4.6% |
| CORN | 2023-01-12 | [USDA Releases January Crop Production, WASDE, Grain Stocks, Winter Wheat Seedings Reports](https://feedsoft.ai/events/13308-usda-releases-january-crop-production-wasde-grain-stocks-winter-wheat-seedings.md) | +2.2% | +2.2% |
| SOY | 2024-09-30 | [SEP 30.24 USDA Quarterly Stocks Report - ADM Investor Services](https://feedsoft.ai/events/28251-sep-30-24-usda-quarterly-stocks-report-adm-investor-services.md) | -2.6% | -7.3% |
| SOY | 2022-01-12 | [U.S. grains: Wheat futures fall on bigger-than-expected plantings, stocks - AgCanada](https://feedsoft.ai/events/43100-u-s-grains-wheat-futures-fall-on-bigger-than-expected-plantings-stocks-agcanada.md) | +1.1% | +15.8% |
| SOY | 2023-01-12 | [USDA Releases January Crop Production, WASDE, Grain Stocks, Winter Wheat Seedings Reports](https://feedsoft.ai/events/13308-usda-releases-january-crop-production-wasde-grain-stocks-winter-wheat-seedings.md) | -0.0% | +0.3% |

## Sources

- agriculture.com: https://www.agriculture.com/markets/analysis/crops/a-recap-of-the-quarterly-grain-stocks-and-prospective-plantings-report

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