# Soybean market declines mean steep declines in cash receipts - Brownfield Ag News

> A Missouri Soybean official says each 10-cent drop in soybean prices removes about $25 million in state farm cash receipts, with prices down more than $2 this marketing year. She notes that Market Facilitation Program payments have cushioned losses and that domestic livestock feeding of soymeal and biodiesel demand are gaining importance.

- Date: 2019-06-07 · published 2019-06-07T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/58623-soybean-market-declines-mean-steep-declines-in-cash-receipts-brownfield-ag-news
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Weak soybean prices reflect continued export disruption, but growing domestic crush and meal feeding demand could support soymeal values for feed buyers.

## Read by commodity

- SBM: neutral
- SBO: neutral
- SOY: bearish ▼

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/news/soybean-market-declines-mean-steep-declines-in-cash-receipts/

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