# July-November Soybean Spread Seasonality

> The July-November soybean spread has weakened as the 2017/18 US stocks-to-use ratio reached 10.0%, the loftiest in 11 seasons, due to record South American output and a large US crop. The current 20-cent July premium may be a selling opportunity.

- Date: 2017-12-08 · published 2017-12-08T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/67503-july-november-soybean-spread-seasonality
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Ample US stocks and record South American supply point to softer old-crop soybean values relative to new crop, lowering near-term feed cost pressure.

## Read by commodity

- SOY: bearish ▼

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/blogs/fundamentally-speaking/blog-post/2017/12/08/july-november-soybean-spread

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