# Spring 2017 soybean prices: more upside than downside | WATTAgNet | WATTPoultry.com

> Analyst review of spring soybean prices notes South America is harvesting a record crop and US soybean acreage is expected to rise by 6.1 million acres. Historical comparisons of December soybean meal ranges suggest prices may hold up better than expected. December meal was trading near $310 per short ton.

- Date: 2017-04-25 · published 2017-04-25T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/71572-spring-2017-soybean-prices-more-upside-than-downside-wattagnet-wattpoultry-com
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Large supply expectations point to pressure, but historical analogs suggest limited downside for soybean meal, which matters for feed cost forecasts.

## Read by commodity

- SBM: neutral
- SOY: neutral

## Sources

- wattagnet.com: https://www.wattagnet.com/broilers-turkeys/article/15521216/spring-2017-soybean-prices-more-upside-than-downside-wattagnet

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