# 2020 Soybean Price Prospects | Henry Ag News

> Soybean prices rallied moderately the prior week. Analyst Todd Hubbs notes a large South American crop and coronavirus-related uncertainty weigh on U.S. demand, while China's phase one purchase commitments are running well ahead of last year.

- Date: 2020-02-18 · published 2020-02-18T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/54628-2020-soybean-price-prospects-henry-ag-news
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

A large Brazilian crop and possible Chinese demand shortfall cap upside for old-crop soybeans, though any pickup in Chinese buying could support prices.

## Read by commodity

- SBM: neutral
- SOY: neutral

## Sources

- u.osu.edu: https://u.osu.edu/henryag/2020/02/18/2020-soybean-price-prospects/

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