USDA's Grains and Oilseeds Outlook for 2017 is an agricultural outlook paper, released in February 2017, with projections for 2017/18 supply, demand and prices. It says soybean fundamentals favor soybeans over corn, given expected growth in China's soybean imports.
The projections point to firmer soybean demand from China relative to corn, which supports soybean prices and favors soybeans for US planting decisions.
After 2,447 past report events, Wheat (SRW) moved a median +0.0% over 5 sessions (51% higher; middle half -1.5% to +1.8%), and +0.2% over 20.
After 1,102 past bearish report events, Corn moved a median -0.2% over 5 sessions (47% higher; middle half -1.8% to +1.3%), and +0.0% over 20.
After 747 past bullish report events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +2.1%), and +0.8% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.