# Seasonality of November Soybean Price Movement

> A DTN analysis reviews seasonal November soybean futures from 1991 to 2016, finding prices typically drift lower from March, June and September starts. The piece cites record world soybean stocks, the highest US stock-to-use in ten years, and record US planting intentions of 89.5 million acres.

- Date: 2017-04-24 · published 2017-04-24T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/71532-seasonality-of-november-soybean-price-movement
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

The historical tendency for prices to retreat into harvest, combined with record stocks and large acreage, supports a bearish outlook for soybean and meal prices this fall.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/AG/blogs/fundamentally-speaking/blog-post/2017/04/24/seasonality-november-soybean-price

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