# Soy quotes on the Chicago Stock Exchange fell by 2.4%

> Chicago soybean futures fell 2.2-2.4% on May 19, 2021, to a two-week low. The decline followed forecasts of heavy rain in US growing areas and rising Brazilian and Argentine export offers. Canola and European rapeseed futures also fell.

- Date: 2021-05-20 · published 2021-05-20T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/12363-soy-quotes-on-the-chicago-stock-exchange-fell-by-2-4
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Expected rain improves US new-crop prospects and heavier South American exports add supply. Both factors weigh on soybean prices.

## Read by commodity

- SOY: bearish ▼

## Sources

- graintrade.com.ua: https://graintrade.com.ua/en/novosti/soevi-kotiruvannya-na-birzhi-v-chikago-vpali-na-24.html

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