American Soybean Prices for Two-Month Contracts Fall to US$1.404.38 per Bushel (Monday, September 12, 2022)

The price of the two-month American soybean contract fell on Monday, September 12, 2022. Today's trading price for the two-month American soybean contract was recorded at US$1,404.38 per bushel. This is lower than the previous day's trading price of US$1,410.38 per bushel. This situation confirms the downward trend in the price of the two-month American soybean contract over the past two days.

Over the past week, the price movement of the two-month American soybean contract slowed by 1.13 percent, with an average daily transaction price of US$1,401.79 per bushel. As a result, throughout 2022, the price of the two-month American soybean contract has increased by 4.49 percent from its year-beginning position of US$1,344 per bushel. The highest trading value for the two-month American soybean contract this year was US$1,769 per bushel, which occurred on Thursday, June 9, 2022.

Annually, the average trading price of the two-month American soybean contract has shown an upward trend over the past five years. Meanwhile, for monthly price monitoring, transactions in the last 12 months have tended to increase. The highest average monthly price for the two-month American soybean contract was recorded in March 2022 at US$1,679.74 per bushel.