# Soybeans recover some losses - Brownfield Ag News

> Soybeans recovered a small part of Monday's drop on short covering and technical buying. Traders remained cautious about coronavirus demand risks, while Brazil's soybean harvest was 35% complete and Brazilian bean prices sat well below US beans.

- Date: 2020-02-26 · published 2020-02-26T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/12194-soybeans-recover-some-losses-brownfield-ag-news
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Brazil's large harvest and lower export prices cap US soybean gains, so the rebound is likely to remain limited unless China's purchases pick up.

## Read by commodity

- SBM: bullish ▲
- SBO: bearish ▼
- SOY: bullish ▲

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/news/soybeans-recover-some-losses-2/

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