# 6 soybean lessons from 2016

> University of Illinois agronomist Emerson Nafziger attributes record 2016 soybean yields to favorable weather, genetics and management. He notes Illinois soybean yields have risen about 4 bushels per acre per year over five years and expects gains to slow.

- Date: 2016-12-26 · published 2016-12-26T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/73327-6-soybean-lessons-from-2016
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Record soybean output adds to ample supplies, a bearish factor for soybean and meal prices heading into 2017.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2018-01-01 | [Soybean Price Potential for 2018](https://feedsoft.ai/events/67030-soybean-price-potential-for-2018.md) | +0.7% | +5.1% |
| SOY | 2024-01-17 | [2023 Corn and Soybean Yields](https://feedsoft.ai/events/13212-2023-corn-and-soybean-yields.md) | +1.0% | -3.3% |
| SOY | 2019-06-21 | [Winning ™ – Soybeans Front \| Econbrowser](https://feedsoft.ai/events/58627-winning-tm-soybeans-front-econbrowser.md) | -3.0% | -1.5% |
| SOY | 2018-07-17 | [Soybean ending stocks increase for 2018-19](https://feedsoft.ai/events/64003-soybean-ending-stocks-increase-for-2018-19.md) | +2.2% | +2.9% |
| SOY | 2017-01-12 | [Corn and Soybean Production Up in 2016, USDA Reports](https://feedsoft.ai/events/72836-corn-and-soybean-production-up-in-2016-usda-reports.md) | +6.7% | +4.7% |
| SBM | 2019-04-01 | [Soybeans](https://feedsoft.ai/events/59695-soybeans.md) | +0.5% | -3.0% |
| SBM | 2018-01-01 | [Soybean Price Potential for 2018](https://feedsoft.ai/events/67030-soybean-price-potential-for-2018.md) | +1.6% | +8.9% |
| SBM | 2024-01-17 | [2023 Corn and Soybean Yields](https://feedsoft.ai/events/13212-2023-corn-and-soybean-yields.md) | -2.1% | -5.9% |

## Sources

- farmprogress.com: https://www.farmprogress.com/soybean/6-soybean-lessons-from-2016

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