# Soybeans 2017: Sell now or wait?

> Farm Futures reports that new-crop soybean cash prices reached about $10 a bushel in a rally, prompting farmer selling in the Midwest. The publication advises a cautious approach to selling too much of the 2017 crop, suggesting a modest sale near $10.50 for November 2017 futures.

- Date: 2016-12-07 · published 2016-12-07T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/73500-soybeans-2017-sell-now-or-wait
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Farmer forward selling near $10 adds supply pressure on new-crop soybeans, while expectations of better 2017 pricing could limit downside.

## Read by commodity

- SOY: neutral

## Sources

- farmprogress.com: https://www.farmprogress.com/soybean/soybeans-2017-sell-now-or-wait-

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