# Soybeans see slight bounce after recent decline - Brownfield Ag News

> Soybeans closed modestly higher on technical buying after recent losses, while braced for record South American supply. Soybean meal was mixed and bean oil rose, and corn and wheat were lower.

- Date: 2017-03-21 · published 2017-03-21T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/72078-soybeans-see-slight-bounce-after-recent-decline-brownfield-ag-news
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Expected record Brazilian and Argentine supply caps soybean and meal upside, though short-term technical buying offers support.

## Read by commodity

- SBM: neutral
- SBO: bullish ▲
- SOY: neutral

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/soybeans-see-slight-bounce-recent-decline/

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