# 2017 soybean prospects - Morning Ag Clips

> Todd Hubbs of the University of Illinois forecasts that US farmers will plant more soybeans in 2017 than usual. He projects the 2017/18 average farm soybean price will fall to $9.10 from $8.90, due to increased acreage and ending stocks. He says a bad US crop or stronger-than-expected exports could offset the decline.

- Date: 2017-02-13 · published 2017-02-13T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/72538-2017-soybean-prospects-morning-ag-clips
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Expanded acreage and higher ending stocks point to lower soybean prices, though weather or stronger exports could limit the drop. The forecast is high-level and depends on the rest of the growing season.

## Read by commodity

- SOY: bearish ▼

## Sources

- morningagclips.com: https://www.morningagclips.com/2017-soybean-prospects/

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