# Soybeans

> Soybean futures traded lower after several days of gains, as profit-taking and increased farmer selling pushed prices down with board prices above $10. Reports indicated Argentine crop-condition concerns and ongoing crushing and export activity.

- Date: 2018-01-31 · published 2018-01-31T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/67022-soybeans
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Routine price moves driven mainly by farmer selling and profit-taking, with no major new supply shock, leave the outlook for feed costs largely unchanged.

## Read by commodity

- SOY: bearish ▼

## Sources

- agupdate.com: https://agupdate.com/iowafarmertoday/mwo/crop/soybeans/article_b962d7e2-06d4-11e8-a07f-6368db79f0e2.html

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