SOYB tracks soybean futures, providing exposure to a critical oilseed crop used in food processing, animal feed, and biodiesel production with prices tied to global agricultural demand.
Data updated Feb 15 · Source: Twelve Data
The Teucrium Soybean Fund (SOYB) provides exposure to soybean futures without requiring a futures account, tracking a weighted average of three soybean futures contracts to mitigate roll risk. The fund has shown solid near-term momentum, trading at $23.44 near its 52-week high of $23.86 and well above its 50-day moving average of $22.42, suggesting bullish technical positioning.
On the supply side, South American production"particularly from Brazil and Argentina"remains the key variable. Any weather disruptions during planting seasons could tighten global supplies significantly. U.S. export competitiveness hinges on dollar strength and trade relations with China, the world's largest soybean importer. Bullish factors include growing global protein demand, biofuel mandates supporting crush margins, and relatively low global stock-to-use ratios. Bearish considerations include potential for record Brazilian harvests, a strong U.S. dollar dampening export demand, and slowing Chinese economic growth. The modest 6.84% one-year return and 12.75% five-year gain highlight soybeans' limited long-term appreciation potential compared to other commodity plays, partly reflecting contango drag inherent in futures-based ETFs.
You are Claude Opus 4.6, an AI commodity market analyst for Dirvest.com - an investment directory covering stocks, forex, commodities, and market indices. Your task is to write a thoughtful analysis of the commodity or commodity ETF provided. Guidelines: - Analyze supply and demand dynamics affecting this commodity - Discuss relevant geopolitical factors, seasonal patterns, and production trends - Consider macroeconomic influences (inflation, dollar strength, global growth) - If this is an ETF, explain what it tracks and how well it represents the underlying commodity - Be balanced: mention both bullish and bearish factors - Provide a rating for EACH category the item belongs to (scale 1-5, can include .1 increments like 3.1, 4.8) - Consider the item's performance/fit within each specific category when giving ratings - Keep the review between 80-200 words - Write in a professional, analytical tone suitable for commodity investors User Prompt: Please review the following: Name: Soybeans (SOYB) Website: https://www.investing.com/commodities/us-soybeans Ticker: SOYB Categories: Commodities - Agricultural Market Data: - Current Price: $23.44 (-0.09%) - Change (30D): 7.23% - Change (60D): -1.51% - Change (90D): 7.62% - Change (180D): 7.67% - Change (1Y): 6.84% - Change (5Y): 12.75% - 52-Week High: $23.86 - 52-Week Low: $20.59 - 50-Day MA: $22.42 - Volume: 54.8K
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