# Farmers Celebrate Soy Price Surge | Feed & Grain

> US soybean futures rose to a four-year high in the autumn, letting US farmers sell at a profit after trade-war losses. Brazilian farmers who had committed to earlier, lower-priced contracts may now seek to renegotiate, as Brazil sold out early to China.

- Date: 2020-12-01 · published 2020-12-01T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/49682-farmers-celebrate-soy-price-surge-feed-and-grain
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Strong Chinese demand has pulled the market higher, and Brazil's early sell-out means tighter South American supply until the new crop arrives.

## Read by commodity

- SOY: bullish ▲

## Sources

- feedandgrain.com: https://www.feedandgrain.com/grain-supply-chain/news/15388628/farmers-celebrate-soy-price-surge

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