# Why Haven’t Soybean Futures Recovered? | Econbrowser

> Econbrowser analysis notes US, Brazilian and Argentine soybean prices have converged, and current prices remain below the five-year average. China's import demand has fallen sharply, with February imports down 17% year on year, due to tariffs and reduced feed demand from African swine fever.

- Date: 2019-03-24 · published 2019-03-24T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/60118-why-haven-t-soybean-futures-recovered-econbrowser
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Weak Chinese import demand and the tariff gap leave soybean prices depressed, and flooding in the Midwest adds further pressure on farm incomes and soymeal pricing.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼

## Sources

- econbrowser.com: https://econbrowser.com/archives/2019/03/why-havent-soybean-futures-recovered

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