# Soybeans up on new export sale - Brownfield Ag News

> Soybeans closed modestly higher on a 146,000-ton sale of old-crop US beans to unknown destinations, the first sale that size in about a month. Statistics Canada projects record canola and soybean plantings, and Argentina's soybean harvest was 16.3% complete.

- Date: 2017-04-21 · published 2017-04-21T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/71476-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), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Export buying supports US soybean prices, but record South American output and expanding Canadian acreage limit gains.

## Read by commodity

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

## Sources

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

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