# 3 things driving soybean prices

> Soybean prices are at profitable levels for farmers, but a Virginia Farm Bureau grain manager said the question is whether they will hold. He named the size of the Brazilian crop, final U.S. yield numbers and demand strength as the key drivers. Brazil has just begun planting and is expected to plant almost 100 million acres.

- Date: 2021-10-22 · published 2021-10-22T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/44598-3-things-driving-soybean-prices
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Brazil's planting and final U.S. yields will set soybean supply expectations for the next 90 days. Strong demand against tighter old-crop supplies supports prices, but a large Brazilian crop would pressure them.

## Read by commodity

- SOY: neutral

## Sources

- farmprogress.com: https://www.farmprogress.com/soybean/3-things-driving-soybean-prices

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