# Ag economist points to downside risk for soybeans in '19 - Brownfield Ag News

> University of Illinois economist Todd Hubbs warns of downside risk for 2019 soybean prices due to large supplies, South American competition and trade tensions. He notes basis bids near $9.10 for November soybeans and advises producers to watch for rally opportunities.

- Date: 2018-12-11 · published 2018-12-11T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/61597-ag-economist-points-to-downside-risk-for-soybeans-in-19-brownfield-ag-news
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Large supplies and competition from South America suggest limited upside for new-crop soybean prices, though the outlook depends on trade developments.

## Read by commodity

- SOY: bearish ▼

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/news/ag-economist-points-to-downside-risk-for-soybeans-in-19/

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