Outlook for Corn and Soybean Prices Following the USDA’s Estimates of June 1 Stocks and Planted Acreage webinar reviewed the USDA estimates released on the previous day and the implications for both old crop and new crop balance sheets for corn and soybeans. The USDA’s estimate of June 1 stocks of corn and soybeans will provide a clearer picture of total 2014-15 marketing year consumption, ending stocks, and price prospects. The report will be especially important for projecting the magnitude of domestic corn consumption for feed use. The magnitude of planted acreage will clarify prospects for the size of the 2015 corn and soybean crops with implications for the 2015-16 balance sheets and price prospects.