# Tight supplies, yield uncertainty make soybeans the market to watch in October

> Early US soybean yield results are highly variable after a summer of intense heat and uneven rain across the Midwest. Soybean futures rallied and fell several times over the summer, and traders are awaiting the USDA's October 12 WASDE report.

- Date: 2023-09-28 · published 2023-09-28T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/34133-tight-supplies-yield-uncertainty-make-soybeans-the-market-to-watch-in-october
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Three years of tight US supplies support prices, but uncertainty over yield and the size of the crop makes the direction of October price moves hard to call.

## Read by commodity

- SOY: neutral

## Sources

- farmprogress.com: https://www.farmprogress.com/commentary/tight-supplies-yield-uncertainty-make-soybeans-the-market-to-watch-in-october

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