# Soybeans plumb two-month low, dollar regains footing

> November soybean futures fell about 1% to $8.14, setting new record lows, as the dollar index recovered. The White House announced new 10% tariffs on $200 billion of Chinese goods, with China retaliating and forecasts of record U.S. output.

- Date: 2018-09-18 · published 2018-09-18T12:00:00.000Z
- Category: trade · region US · magnitude high
- Page: https://feedsoft.ai/events/63066-soybeans-plumb-two-month-low-dollar-regains-footing
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

New tariff escalation and record U.S. output forecasts push soybean prices lower by cutting export demand, while a firmer dollar makes U.S. beans less competitive abroad.

## Read by commodity

- DXY: bullish ▲
- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2016-08-31 | [Soybeans hit new multi-month lows - Brownfield Ag News](https://feedsoft.ai/events/12396-soybeans-hit-new-multi-month-lows-brownfield-ag-news.md) | +2.7% | -2.1% |
| SOY | 2026-05-14 | [Soybeans Collapse Following Little News Out of Trump/Xi Meeting](https://feedsoft.ai/events/9303-soybeans-collapse-following-little-news-out-of-trump-xi-meeting.md) | -1.3% | -8.2% |
| SOY | 2022-10-06 | [Soybean imports forecast at two-year low crimp China's ailing hog feed makers](https://feedsoft.ai/events/39130-soybean-imports-forecast-at-two-year-low-crimp-china-s-ailing-hog-feed-makers.md) | +1.9% | +5.1% |
| SOY | 2025-04-30 | [CBOT soybeans hit two-week low on US-China trade war concerns](https://feedsoft.ai/events/25128-cbot-soybeans-hit-two-week-low-on-us-china-trade-war-concerns.md) | -0.6% | +0.7% |
| SOY | 2017-03-22 | [Soybeans mostly lower, corn down, watching South America - Brownfield Ag News](https://feedsoft.ai/events/10726-soybeans-mostly-lower-corn-down-watching-south-america-brownfield-ag-news.md) | -2.9% | -5.1% |
| DXY | 2019-05-31 | [Mexican Peso Tumbles Against the Dollar - WSJ](https://feedsoft.ai/events/59299-mexican-peso-tumbles-against-the-dollar-wsj.md) | -0.4% | -1.5% |
| DXY | 2019-07-31 | [Australian dollar falls to post-GFC low - OFX (US)](https://feedsoft.ai/events/58379-australian-dollar-falls-to-post-gfc-low-ofx-us.md) | +0.9% | +1.8% |
| DXY | 2019-08-13 | [US dollar soars against the Japanese yen on easing trade tensions](https://feedsoft.ai/events/57815-us-dollar-soars-against-the-japanese-yen-on-easing-trade-tensions.md) | +0.5% | +0.3% |

## Sources

- economies.com: https://www.economies.com/commodities/soybeans-news/soybeans-plumb-two-month-low,-dollar-regains-footing-24494

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