# OPINION — Watch corn and soybean planting estimates because they’ll affect price | FarmersForum.com

> An opinion piece argues that March planting intention estimates are the key price driver for North American grains. It cites USDA's February figures of 90.489 million acres of corn and 88.647 million acres of soybeans as the benchmarks to watch.

- Date: 2017-03-31 · published 2017-03-31T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/72028-opinion-watch-corn-and-soybean-planting-estimates-because-they-ll-affect-price
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Planting-area revisions set the supply outlook and price range for the coming marketing year, so changes from February benchmarks can move corn and soybean feed costs.

## Read by commodity

- SOY: neutral
- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2022-12-20 | [South American corn and soybean outlook: Playing the odds](https://feedsoft.ai/events/13683-south-american-corn-and-soybean-outlook-playing-the-odds.md) | +2.9% | +4.3% |
| CORN | 2024-04-09 | [Stock/Usage Estimates are a Leading Indicator for Corn Prices \| StoneX](https://feedsoft.ai/events/30756-stock-usage-estimates-are-a-leading-indicator-for-corn-prices-stonex.md) | -0.4% | +2.2% |
| CORN | 2024-03-08 | [PF Report Reaction: USDA cuts global ending stocks for corn, soybeans, wheat and cotton - Pro Farmer](https://feedsoft.ai/events/31133-pf-report-reaction-usda-cuts-global-ending-stocks-for-corn-soybeans-wheat-and.md) | -0.3% | -3.1% |
| CORN | 2022-02-09 | [USDA cuts global ending stocks for beans, wheat, cotton and corn - Pro Farmer](https://feedsoft.ai/events/42671-usda-cuts-global-ending-stocks-for-beans-wheat-cotton-and-corn-pro-farmer.md) | +0.5% | +15.2% |
| CORN | 2021-11-10 | [PF Report Reaction: USDA unexpectedly trims its soybean crop estimate - Pro Farmer](https://feedsoft.ai/events/13412-pf-report-reaction-usda-unexpectedly-trims-its-soybean-crop-estimate-pro-farmer.md) | +0.3% | +4.6% |
| SOY | 2025-11-14 | [USDA Lowers Corn and Soybean Production Estimates](https://feedsoft.ai/events/21885-usda-lowers-corn-and-soybean-production-estimates.md) | -0.8% | -4.9% |
| SOY | 2024-05-13 | [What are the estimates for soy and corn supplies next season?](https://feedsoft.ai/events/30219-what-are-the-estimates-for-soy-and-corn-supplies-next-season.md) | +1.9% | -1.4% |
| SOY | 2026-04-01 | [US farmers to plant less corn as Iran war spikes fertilizer prices \| Reuters](https://feedsoft.ai/events/19743-us-farmers-to-plant-less-corn-as-iran-war-spikes-fertilizer-prices-reuters.md) | -0.8% | +1.0% |

## Sources

- farmersforum.com: https://farmersforum.com/watch-corn-and-soybean-planting-estimates-because-theyll-affect-price/

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