# Soybean Price Prospects Moving into 2020 | Henry Ag News

> A University of Illinois farmdoc analysis says the two main drivers of soybean prices, China trade negotiations and the January USDA estimate of the 2019 crop, will carry into 2020. Nearby futures ranged between $8.70 and $9.40 since mid-September. The author judges that the recent price rally is hard to sustain without supportive news.

- Date: 2019-12-10 · published 2019-12-10T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/55630-soybean-price-prospects-moving-into-2020-henry-ag-news
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Uncertainty over trade and the 2019 crop size leaves soybean prices range-bound with downside risk if the rally fades, affecting feed input budgets.

## Read by commodity

- SOY: neutral

## Sources

- u.osu.edu: https://u.osu.edu/henryag/2019/12/10/soybean-price-prospects-moving-into-2020/

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