Soybeans fundamental picture is weakening due to demand destruction of the US-China trade war. Markets that took decades to 'cultivate' has been damaged in less than a year by politics. Others understand the fundamentals better than I, so I will make no attempt to describe them. What we do know is what the invisible hand thinks.
The invisible hand is neutral soybeans. The tape is in consolidation and DI = -24%. Nothing to act on right now. The secondary (weekly) and primary (monthly) trends are downside aligned, so a detailed description of consolidation would be countertrend rally within a secular downtrend.
Soybeans DI