# Soybean prices take tumble

> July 2018 soybean futures fell below $8.90, a level not seen since March 2016, while new-crop November contracts pressed toward $9.00. Analysts point to trade relations with China and NAFTA uncertainty as the main headwinds, while crop conditions and planting progress were ahead of normal.

- Date: 2018-06-19 · published 2018-06-19T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/64571-soybean-prices-take-tumble
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Persistent trade-related selling keeps soybean prices under pressure and makes hedging decisions for old and new crop more difficult for feed buyers.

## Read by commodity

- SOY: bearish ▼

## Sources

- farmprogress.com: https://www.farmprogress.com/marketing/soybean-prices-take-tumble

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