# Rabobank slashes soy price hopes on big US, South America crop prospects - CTRM Center

> Rabobank has cut its soybean price forecasts due to large expected crops in the US and South America. The bank also flagged delayed Chinese buying and the possibility that slow US corn planting could shift acres to soybeans.

- Date: 2017-04-26 · published 2017-04-26T12:00:00.000Z
- Category: market · region Global · magnitude medium
- Page: https://feedsoft.ai/events/71531-rabobank-slashes-soy-price-hopes-on-big-us-south-america-crop-prospects-ctrm
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

A bearish forecast revision from a major bank signals weaker expected soybean prices, and a shift of US acres toward soybeans would add to supply and pressure prices further.

## Read by commodity

- SOY: bearish ▼
- CORN: bullish ▲

## Sources

- ctrmcenter.com: https://www.ctrmcenter.com/ctrm-community/rabobank-slashes-soy-price-hopes-on-big-us-south-america-crop-prospects/

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