# Domestic demand could be bright spot for soybeans - Brownfield Ag News

> An Illinois economist says US soybean prices have fallen over recent months largely because of weak Chinese demand. Strong domestic crushing, which USDA raised by 25 million bushels to over 2 billion for the marketing year, could offset some of that weakness. Crushing has been robust since February after Argentine crop problems lifted meal prices.

- Date: 2018-06-13 · published 2018-06-13T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/64572-domestic-demand-could-be-bright-spot-for-soybeans-brownfield-ag-news
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Heavy crush supports soybean meal output and domestic soybean demand, which could cushion soybean prices against the loss of Chinese export demand.

## Read by commodity

- SBM: bullish ▲
- SOY: neutral

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/news/domestic-demand-could-be-bright-spot-for-soybeans/

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