# Allendale corn/soybean projections for 2018 - Brownfield Ag News

> Allendale released 2018 corn and soybean scenarios in which prices could move higher, while stressing oversupply in both crops. Soybean exports were 13% behind last year's pace as China buys fewer U.S. beans, and the firm said beans could fall to $8.50.

- Date: 2018-01-24 · published 2018-01-24T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/67040-allendale-corn-soybean-projections-for-2018-brownfield-ag-news
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Slower export sales and oversupply point to downside risk for soybeans, while weak U.S. bean demand from China keeps feed protein prices under pressure.

## Read by commodity

- SOY: bearish ▼
- CORN: neutral

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/news/allendale-corn-soybean-projections-2018/

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