# Soybean bulls will have some decisions to make in the marketplace

> Soybean prices continued to fall toward support near $9.75 to $10 per bushel as speculative and macro buyers exited. Weaker crude oil and a stronger U.S. dollar contributed, and analysts flagged possible slowing Chinese demand as China auctioned domestic reserves.

- Date: 2016-07-22 · published 2016-07-22T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/7421-soybean-bulls-will-have-some-decisions-to-make-in-the-marketplace
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Fund liquidation, a firmer dollar and softer energy prices are pulling soybean values lower, and possible Chinese demand softness adds downside risk for meal and oil buyers.

## Read by commodity

- DXY: bullish ▲
- SOY: bearish ▼
- WTI: bearish ▼

## Sources

- farmprogress.com: https://www.farmprogress.com/marketing/will-the-soybean-bulls-remain-on-the-sideline-

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