# USSEC says soybeans are “on sale” - Brownfield Ag News

> The U.S. Soybean Export Council says US soybeans are attracting new buyers in Europe, the Middle East, North Asia and Southeast Asia despite reduced Chinese purchases. CEO Jim Sutter describes US beans as relatively cheap versus South American supply at this time of year.

- Date: 2018-05-03 · published 2018-05-03T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/65055-ussec-says-soybeans-are-on-sale-brownfield-ag-news
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Diversified export demand from new destinations supports US soybean prices and basis even as China shifts toward Brazil.

## Read by commodity

- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2017-05-16 | [Soybeans up on new export sale - Brownfield Ag News](https://feedsoft.ai/events/71066-soybeans-up-on-new-export-sale-brownfield-ag-news.md) | -0.9% | -3.4% |
| SOY | 2018-07-27 | [Soybeans up on export sale, prospect for more - Brownfield Ag News](https://feedsoft.ai/events/64107-soybeans-up-on-export-sale-prospect-for-more-brownfield-ag-news.md) | +2.5% | -2.2% |
| SOY | 2016-12-06 | [New export sales support soybeans, corn - Brownfield Ag News](https://feedsoft.ai/events/6328-new-export-sales-support-soybeans-corn-brownfield-ag-news.md) | -1.2% | -3.6% |
| SOY | 2019-09-13 | [Soybeans up, waiting for more on China - Brownfield Ag News](https://feedsoft.ai/events/9441-soybeans-up-waiting-for-more-on-china-brownfield-ag-news.md) | +1.1% | +4.6% |
| SOY | 2017-09-13 | [Soybeans supported by new export sale to China - Brownfield Ag News](https://feedsoft.ai/events/68860-soybeans-supported-by-new-export-sale-to-china-brownfield-ag-news.md) | +2.3% | +2.3% |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/news/ussec-says-soybeans-are-on-sale/

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