# Soybeans swing higher thanks to lower yields, stimulus dollars - Agweek | #1 source for agriculture news, farming, markets

> Soybean prices rose in the week ending Sept. 27 as the northern Plains harvest was at or below expectations and China announced new monetary stimulus to support its economy. Analysts also cited hot, dry South American weather delaying planting.

- Date: 2024-09-27 · published 2024-09-27T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/28335-soybeans-swing-higher-thanks-to-lower-yields-stimulus-dollars-agweek-1-source
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Expectations of firmer Chinese demand and lower South American output support soybean and meal prices, raising feed ingredient costs.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| SBM | 2024-09-26 | 1 | +4.7% | 3.3 | Lower northern Plains yields, Chinese stimulus and South American dry weather added to bullish sentiment in soybean complex. |

## Sources

- agweek.com: https://www.agweek.com/business/markets/soybeans-swing-higher-thanks-to-lower-yields-stimulus-dollars

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