# USDA skeptic bullish on soybeans - Brownfield Ag News

> DTN analyst Darin Newsome said USDA tends to underestimate soybean demand and expects soybean futures to climb in the months ahead. He argued that a weakening dollar and tighter supply would support prices into 2018.

- Date: 2017-08-02 · published 2017-08-02T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/12262-usda-skeptic-bullish-on-soybeans-brownfield-ag-news
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A forecast of tighter soybean balances and a weaker dollar supports higher soybean prices. This is analyst opinion rather than a new supply or demand event.

## Read by commodity

- DXY: bearish ▼
- SOY: bullish ▲

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/news/usda-skeptic-bullish-soybeans/

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