# Soybean prices stronger than anticipated by FAPRI - Brownfield Ag News

> FAPRI-MU director Pat Westhoff says soybean prices are stronger than the institute projected in August. Relative cash prices still favor soybean planting over corn, though the 2018 futures ratio has eased to about 2.5 to 1. Farmers have many months before finalizing planting decisions.

- Date: 2017-10-13 · published 2017-10-13T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/68493-soybean-prices-stronger-than-anticipated-by-fapri-brownfield-ag-news
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

A favorable soybean-to-corn price ratio encourages more soybean acreage for 2018, which weighs on future corn supply expectations and supports soybean balances.

## Read by commodity

- SOY: bullish ▲
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2023-12-26 | [Stong start for wheat following the long holiday weekend - Brownfield Ag News](https://feedsoft.ai/events/11287-stong-start-for-wheat-following-the-long-holiday-weekend-brownfield-ag-news.md) | -2.0% | -4.6% |
| SOY | 2019-08-08 | [Weak Real and US Sino Conflict supports soybean prices](https://feedsoft.ai/events/11474-weak-real-and-us-sino-conflict-supports-soybean-prices.md) | +1.4% | +0.1% |
| SOY | 2018-01-28 | [U.S. dollar impacts grain prices - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/67028-u-s-dollar-impacts-grain-prices-agweek-1-source-for-agriculture-news-farming.md) | -0.7% | +4.9% |
| SOY | 2026-09-25 | [What’s behind the latest surge in grain and oilseed prices?](https://feedsoft.ai/events/17495-what-s-behind-the-latest-surge-in-grain-and-oilseed-prices.md) | -2.5% | -4.9% |
| SOY | 2018-05-16 | [‘Start selling so dollars come in,’ Argentine soybean farmers are told](https://feedsoft.ai/events/64865-start-selling-so-dollars-come-in-argentine-soybean-farmers-are-told.md) | +1.2% | -8.1% |
| CORN | 2017-05-18 | [Brazil uncertainties shake up soybeans, corn - Brownfield Ag News](https://feedsoft.ai/events/7585-brazil-uncertainties-shake-up-soybeans-corn-brownfield-ag-news.md) | +0.7% | +1.3% |
| CORN | 2020-02-25 | [Coronavirus spread pressures grains, oilseeds - Brownfield Ag News](https://feedsoft.ai/events/12543-coronavirus-spread-pressures-grains-oilseeds-brownfield-ag-news.md) | +0.4% | -4.8% |
| CORN | 2017-05-18 | [Brazil's Scandal Hits Soybean Prices](https://feedsoft.ai/events/7584-brazil-s-scandal-hits-soybean-prices.md) | +0.7% | +1.3% |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/news/soybean-prices-stronger-anticipated-fapri/

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