# Todd's Take

> DTN lead analyst Todd Hultman writes that daily soybean price moves often lack an obvious cause, noting soybeans rose two weeks ago on Argentine flooding concerns and then fell as weather turned drier. He argues price trend is a more useful guide than trying to explain every move.

- Date: 2017-01-31 · published 2017-01-31T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/73009-todd-s-take
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

It is routine commentary with no new supply or demand development, so it gives buyers no fresh basis for changing soybean meal procurement.

## Read by commodity

- SOY: neutral

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/article/2017/01/31/breaking-soybean-prices?referrer=twitter

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