# Soybeans bounce back

> Soybean futures rebounded overnight on buying in financial assets after a strong week of export sales failed to lift the market on Thursday. Heavy deliveries continue to weigh on cash markets, and funds may cover short positions ahead of spring.

- Date: 2019-03-01 · published 2019-03-01T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/60121-soybeans-bounce-back
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Short-covering can lift futures temporarily, but heavy deliveries and weak cash markets keep the price outlook for soybean meal and feed buyers soft.

## Read by commodity

- SOY: neutral

## Sources

- farmprogress.com: https://www.farmprogress.com/marketing/soybeans-bounce-back

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