# Are Under $8 New-Crop Soybeans Likely? | Farm Bureau Intel Markets | American Farm Bureau Federation

> An analysis based on October 1 futures and options prices shows a 50 percent probability that November 2018 soybean futures will settle between $8.21 and $8.91 per bushel. Less than a 20 percent chance exists of settling below $8, a sharp shift from spring 2018 when futures reached $10.53.

- Date: 2018-10-03 · published 2018-10-03T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/62595-are-under-8-new-crop-soybeans-likely-farm-bureau-intel-markets-american-farm
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

The option-implied price distribution indicates the market has priced in a substantial decline from spring highs amid trade disruption. Buyers can use these probabilities to gauge forward price risk.

## Read by commodity

- SOY: neutral

## Sources

- fb.org: https://www.fb.org/intel/markets/are-under-8-new-crop-soybeans-likely

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