# Reward rallies in the soybean market

> A market commentary notes soybean bulls focus on South American weather and possible Argentine crop cuts to 50-52 million tonnes versus USDA's 56 million. The analyst advises producers to sell rallies on new-crop contracts and remain cautious as a speculator.

- Date: 2018-02-01 · published 2018-02-01T12:00:00.000Z
- Category: market · region Argentina · magnitude low
- Page: https://feedsoft.ai/events/66532-reward-rallies-in-the-soybean-market
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Potential Argentine shortfalls support new-crop soybean prices, so buyers should watch for rally-driven price risk while producers look to hedge forward sales.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲

## Sources

- farmprogress.com: https://www.farmprogress.com/marketing/reward-rallies-in-the-soybean-market

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