# Hubbs: China is the number one soybean pricing issue - Brownfield Ag News

> University of Illinois economist Todd Hubbs projects 2019 US soybean acreage will exceed needs by more than 10 million acres. He calls China trade the top soybean pricing issue and estimates the coming year's price at about $8.40 a bushel.

- Date: 2019-02-01 · published 2019-02-01T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/60622-hubbs-china-is-the-number-one-soybean-pricing-issue-brownfield-ag-news
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Excess projected acreage points to a bearish soybean outlook unless China trade expands demand, a key uncertainty for meal and bean prices.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/news/hubbs-china-is-the-number-one-soybean-pricing-issue/

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