# 2017-18 Market Prospects for Corn and Soybeans - farmdoc daily

> A University of Illinois farmdoc analysis reviews the May 10 WASDE first 2017-18 corn and soybean projections. It notes the yield figures do not yet reflect the cold, wet spring across the Corn Belt.

- Date: 2017-05-15 · published 2017-05-15T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/70852-2017-18-market-prospects-for-corn-and-soybeans-farmdoc-daily
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Projected consumption at substantial supplies and lower prices implies a bearish baseline, but planting delays could tighten the balance if yields fall short.

## Read by commodity

- SOY: neutral
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2020-06-30 | [Declines in 2020 Corn and Soybeans Harvest-time Futures Contracts in Perspective - farmdoc daily](https://feedsoft.ai/events/52655-declines-in-2020-corn-and-soybeans-harvest-time-futures-contracts-in.md) | +3.3% | -1.5% |
| CORN | 2017-05-10 | [Updated Supply and Demand Expectations for Corn and Soybeans in 2017/18 \| Farm Bureau Intel Markets \| American Farm Bureau Federation](https://feedsoft.ai/events/70851-updated-supply-and-demand-expectations-for-corn-and-soybeans-in-2017-18-farm.md) | +0.3% | +2.4% |
| CORN | 2023-09-19 | [More Corn Acres and the Prospect of Large Stocks and Low Prices - farmdoc daily](https://feedsoft.ai/events/7187-more-corn-acres-and-the-prospect-of-large-stocks-and-low-prices-farmdoc-daily.md) | +1.0% | +1.6% |
| CORN | 2024-05-14 | [Sizing Up Potential Downside Risk for New-Crop Corn and Soybean Prices - farmdoc daily](https://feedsoft.ai/events/30287-sizing-up-potential-downside-risk-for-new-crop-corn-and-soybean-prices-farmdoc.md) | +0.5% | +4.8% |
| CORN | 2018-01-01 | [Large Corn and Soybean Yield Forecasts Hurt Price Prospects](https://feedsoft.ai/events/67026-large-corn-and-soybean-yield-forecasts-hurt-price-prospects.md) | +0.3% | +2.5% |
| SOY | 2022-12-14 | [Corn and Soybean Yields in 2022 - farmdoc daily](https://feedsoft.ai/events/13311-corn-and-soybean-yields-in-2022-farmdoc-daily.md) | -0.1% | +3.4% |
| SOY | 2022-11-29 | [Tempered Expectations for 2022/23 Supply and Demand for Corn and Soybeans - farmdoc daily](https://feedsoft.ai/events/12217-tempered-expectations-for-2022-23-supply-and-demand-for-corn-and-soybeans.md) | -1.3% | +1.7% |
| SOY | 2017-09-19 | [Corn and soybean production outlook in 2017-18 \| Illinois Extension \| Illinois](https://feedsoft.ai/events/68799-corn-and-soybean-production-outlook-in-2017-18-illinois-extension-illinois.md) | +0.4% | +2.4% |

## Sources

- origin.farmdocdaily.illinois.edu: https://origin.farmdocdaily.illinois.edu/2017/05/2017-18-market-prospects-corn-soybeans.html

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