# Mixed data signals but plenty of grain, soybeans going forward | Food Business News | April 18, 2017 16:01

> Recent USDA reports gave few surprises and mixed signals, with March 1 stocks and the 2017 soybean planting forecast above expectations. Corn and wheat plantings came in below expectations. Winter wheat conditions have improved significantly, and no major weather disaster is currently forecast.

- Date: 2017-04-18 · published 2017-04-18T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/71449-mixed-data-signals-but-plenty-of-grain-soybeans-going-forward-food-business
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Ample supplies of wheat, corn and soybeans through 2017 and 2018 suggest limited price support for feed grains.

## Read by commodity

- SOY: neutral
- CORN: neutral
- WHEAT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2018-04-10 | [U.S. soybean carryover down from March, wheat and corn up \| 2018-04-10  \| Food Business News](https://feedsoft.ai/events/65482-u-s-soybean-carryover-down-from-march-wheat-and-corn-up-2018-04-10-food.md) | -0.6% | +2.5% |
| CORN | 2026-04-20 | [Crop Progress: Corn 11% Planted, Soybeans 12% Planted, Winter Wheat Rated 30% Good to Excellent as of April 19](https://feedsoft.ai/events/13002-crop-progress-corn-11-planted-soybeans-12-planted-winter-wheat-rated-30-good-to.md) | +1.2% | +2.9% |
| CORN | 2017-03-31 | [Column: Record soybeans to be planted \| Business \| journalgazette.net](https://feedsoft.ai/events/72035-column-record-soybeans-to-be-planted-business-journalgazette-net.md) | +0.4% | +0.3% |
| CORN | 2019-12-06 | [Grain Journal \| Mixed Results For Corn and Soybean Transportation…](https://feedsoft.ai/events/55475-grain-journal-mixed-results-for-corn-and-soybean-transportation.md) | -2.3% | +1.5% |
| CORN | 2020-07-31 | [Soybeans firm as US biodiesel data lifts soyoil; corn flat - Markets - Business Recorder](https://feedsoft.ai/events/51967-soybeans-firm-as-us-biodiesel-data-lifts-soyoil-corn-flat-markets-business.md) | -0.7% | +7.0% |
| SOY | 2023-03-09 | [China, Brazil, EPA factor in soybean price direction \| Food Business News](https://feedsoft.ai/events/15328-china-brazil-epa-factor-in-soybean-price-direction-food-business-news.md) | -2.5% | -1.0% |
| SOY | 2022-10-26 | [Argentina record soybean sales clouded by a worsening outlook for 2022/23 wheat crop \| Food Business Middle East &am ...](https://feedsoft.ai/events/14005-argentina-record-soybean-sales-clouded-by-a-worsening-outlook-for-2022-23-wheat.md) | +3.9% | +3.5% |
| SOY | 2026-04-20 | [Crop Progress: Corn 11% Planted, Soybeans 12% Planted, Winter Wheat Rated 30% Good to Excellent as of April 19](https://feedsoft.ai/events/13002-crop-progress-corn-11-planted-soybeans-12-planted-winter-wheat-rated-30-good-to.md) | -0.3% | +0.8% |

## Sources

- foodbusinessnews.net: https://www.foodbusinessnews.net/articles/10464-mixed-data-signals-but-plenty-of-grain-soybeans-going-forward

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