Source: FARM DOC DAILY, UNIV. OF ILLINOIS, 8/20/18



November soybean futures prices dropped significantly after the release of the August USDA reports. The November futures price closed at $8.93 on August 17, higher last week on the news involving recent developments in trade negotiations with China. The sensitivity of soybean prices to trade issues and the potential for large yields create difficult marketing decisions for new crop soybeans.

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