# Soybeans up on new export sale - Brownfield Ag News

> US soybeans rose on commercial and technical buying, including a sale of 132,000 tons of old-crop beans to unknown destinations. Planting was 32% complete, matching the five-year average. Corn planting was 71% done, and Brazil's move to restrict US ethanol imports was noted.

- Date: 2017-05-16 · published 2017-05-16T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/71066-soybeans-up-on-new-export-sale-brownfield-ag-news
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Fresh export demand supports soybean and meal prices, while planting progress caps upside. Brazil's ethanol restrictions could affect corn and DDGS trade flows.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲
- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2018-07-27 | [Soybeans up on export sale, prospect for more - Brownfield Ag News](https://feedsoft.ai/events/64107-soybeans-up-on-export-sale-prospect-for-more-brownfield-ag-news.md) | +2.5% | -2.2% |
| SOY | 2016-12-06 | [New export sales support soybeans, corn - Brownfield Ag News](https://feedsoft.ai/events/6328-new-export-sales-support-soybeans-corn-brownfield-ag-news.md) | -1.2% | -3.6% |
| SOY | 2018-05-03 | [USSEC says soybeans are “on sale” - Brownfield Ag News](https://feedsoft.ai/events/65055-ussec-says-soybeans-are-on-sale-brownfield-ag-news.md) | -2.5% | -1.4% |
| SOY | 2017-09-13 | [Soybeans supported by new export sale to China - Brownfield Ag News](https://feedsoft.ai/events/68860-soybeans-supported-by-new-export-sale-to-china-brownfield-ag-news.md) | +2.3% | +2.3% |
| SOY | 2022-01-31 | [Soybeans up on export demand, supply concerns - Brownfield Ag News](https://feedsoft.ai/events/43182-soybeans-up-on-export-demand-supply-concerns-brownfield-ag-news.md) | +5.7% | +11.9% |
| SBM | 2016-12-06 | [New export sales support soybeans, corn - Brownfield Ag News](https://feedsoft.ai/events/6328-new-export-sales-support-soybeans-corn-brownfield-ag-news.md) | -0.9% | -0.8% |
| SBM | 2017-09-13 | [Soybeans supported by new export sale to China - Brownfield Ag News](https://feedsoft.ai/events/68860-soybeans-supported-by-new-export-sale-to-china-brownfield-ag-news.md) | +3.4% | +5.9% |
| SBM | 2022-01-31 | [Soybeans up on export demand, supply concerns - Brownfield Ag News](https://feedsoft.ai/events/43182-soybeans-up-on-export-demand-supply-concerns-brownfield-ag-news.md) | +7.3% | +8.6% |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/soybeans-new-export-sale-2/

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