# Take advantage of soybean markets - Brownfield Ag News

> A grain analyst advises farmers to consider selling old-crop soybeans above $10 a bushel and to price new-crop beans cautiously. The analyst cites a USDA cut to Argentina's soybean crop estimate and recent Mato Grosso rains that could reduce Brazil's output. Some analysts expect a shift to more soybean acres ahead of the USDA Prospective Plantings report on March 31.

- Date: 2017-02-14 · published 2017-02-14T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/72536-take-advantage-of-soybean-markets-brownfield-ag-news
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Lower South American production estimates support soybean prices, while expected acreage shifts could cap later gains. The advice reflects a trading range with support from supply concerns.

## Read by commodity

- SOY: bullish ▲

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/news/take-advantage-soybean-markets/

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