# More weather support for soybeans - Brownfield Ag News

> Soybeans closed higher in the last full week of August on commercial and technical buying. Dry weather could persist into September and a crop tour points to lower yields, while China bought 120,000 tons of new-crop US beans.

- Date: 2023-08-25 · published 2023-08-25T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/34665-more-weather-support-for-soybeans-brownfield-ag-news
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Dry weather that could cut yields and firm Chinese demand both tighten supply, supporting soybean prices and the crush margins that lift soybean oil.

## Read by commodity

- SBO: bullish ▲
- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2017-07-27 | [Weather forecasts support soybeans, corn - Brownfield Ag News](https://feedsoft.ai/events/7126-weather-forecasts-support-soybeans-corn-brownfield-ag-news.md) | -2.3% | -5.4% |
| SOY | 2017-05-01 | [Weather woes support corn, soybeans, wheat - Brownfield Ag News](https://feedsoft.ai/events/10482-weather-woes-support-corn-soybeans-wheat-brownfield-ag-news.md) | +1.9% | -2.0% |
| SOY | 2018-03-01 | [Weather provides more support in corn, soybeans, and wheat - Brownfield Ag News](https://feedsoft.ai/events/66079-weather-provides-more-support-in-corn-soybeans-and-wheat-brownfield-ag-news.md) | +1.0% | -2.6% |
| SOY | 2017-07-14 | [Soybeans, corn supported by renewed weather concerns - Brownfield Ag News](https://feedsoft.ai/events/69796-soybeans-corn-supported-by-renewed-weather-concerns-brownfield-ag-news.md) | +4.2% | -4.3% |
| SOY | 2019-05-24 | [Another round of weather support - Brownfield Ag News](https://feedsoft.ai/events/5439-another-round-of-weather-support-brownfield-ag-news.md) | +6.8% | +9.9% |
| SBO | 2017-05-01 | [Weather woes support corn, soybeans, wheat - Brownfield Ag News](https://feedsoft.ai/events/10482-weather-woes-support-corn-soybeans-wheat-brownfield-ag-news.md) | +4.0% | +0.5% |
| SBO | 2017-07-14 | [Soybeans, corn supported by renewed weather concerns - Brownfield Ag News](https://feedsoft.ai/events/69796-soybeans-corn-supported-by-renewed-weather-concerns-brownfield-ag-news.md) | +2.9% | +2.2% |
| SBO | 2019-05-24 | [Another round of weather support - Brownfield Ag News](https://feedsoft.ai/events/5439-another-round-of-weather-support-brownfield-ag-news.md) | +3.0% | +6.2% |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/more-weather-support-for-soybeans/

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