American Soybean Futures Prices for Two-Month Contracts Rise to USD 1019.5 per Bushel (Monday, September 23, 2024)
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The price of the two-month American soybean contract increased on Monday, September 23, 2024. Trading of the two-month American soybean contract today was recorded at USD 1019.5 per bushel. This figure is higher than the previous day's trade, which was at USD 1.012 per bushel. The current situation is similar to the movement of the two-month American soybean contract price in the last day, which is in an upward trend.
Over the past week, the price of the two-month American soybean contract grew by 2.82 percent, with an average daily transaction price of USD 1.008 per bushel. According to Katadata Insight Center (KIC) calculations, year-to-date (YTD), the price of the two-month American soybean contract has decreased by -19.98 percent. The highest trading value for the two-month American soybean contract this year was transacted at USD 1.274 per bushel on Tuesday, January 2, 2024.
Annually, the average trading price of the two-month American soybean contract over the past five years has been in an upward trend. Meanwhile, for monthly price monitoring, transactions in the last 12 months have tended to decline. The highest average monthly price for the two-month American soybean contract was recorded in November 2023 at USD 1,348.41 per bushel.
"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."
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