# Both good and bad implications from the Grain Stocks report - Brownfield Ag News

> University of Illinois economists say the USDA Grain Stocks report and Prospective Plantings show 4 million fewer US corn acres and 6 million more soybean acres. They expect 2017/18 corn stocks to decline modestly and soybean stocks to swing to a surplus. They forecast unchanged to higher corn prices and significantly lower soybean prices.

- Date: 2017-04-03 · published 2017-04-03T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/71538-both-good-and-bad-implications-from-the-grain-stocks-report-brownfield-ag-news
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

The shift in acreage and stocks supports corn prices while putting downward pressure on soybeans and soy meal for feed buyers.

## Read by commodity

- SOY: bearish ▼
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2017-05-10 | [USDA lowers old crop corn, soybean stocks on good demand - Brownfield Ag News](https://feedsoft.ai/events/70887-usda-lowers-old-crop-corn-soybean-stocks-on-good-demand-brownfield-ag-news.md) | +0.3% | +2.4% |
| CORN | 2020-10-12 | [More volatility ahead in the livestock markets - Brownfield Ag News](https://feedsoft.ai/events/50749-more-volatility-ahead-in-the-livestock-markets-brownfield-ag-news.md) | +2.1% | +5.7% |
| CORN | 2018-07-12 | [Corn, wheat supported by ending stocks - Brownfield Ag News](https://feedsoft.ai/events/64000-corn-wheat-supported-by-ending-stocks-brownfield-ag-news.md) | +2.9% | +12.0% |
| CORN | 2018-11-08 | [Big changes in U.S. soybean stocks, global corn - Brownfield Ag News](https://feedsoft.ai/events/61982-big-changes-in-u-s-soybean-stocks-global-corn-brownfield-ag-news.md) | -6.8% | -0.4% |
| CORN | 2017-06-30 | [USDA numbers, weather spark strong reactions - Brownfield Ag News](https://feedsoft.ai/events/9721-usda-numbers-weather-spark-strong-reactions-brownfield-ag-news.md) | +5.6% | +3.1% |
| SOY | 2021-09-30 | [Corn and soybeans flirt with support following not-so-friendly stocks report - Brownfield Ag News](https://feedsoft.ai/events/45107-corn-and-soybeans-flirt-with-support-following-not-so-friendly-stocks-report.md) | -3.3% | -3.5% |
| SOY | 2018-09-28 | [Quarterly grain stocks top most estimates - Brownfield Ag News](https://feedsoft.ai/events/62992-quarterly-grain-stocks-top-most-estimates-brownfield-ag-news.md) | +0.5% | -1.5% |
| SOY | 2019-03-08 | [Soybeans, corn down after supply and demand report - Brownfield Ag News](https://feedsoft.ai/events/60038-soybeans-corn-down-after-supply-and-demand-report-brownfield-ag-news.md) | -0.1% | +1.8% |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/news/good-bad-implications-grain-stocks-report/

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