American Soybean Prices for Two-Month Contracts Fall to USD 1.035.25 per Bushel (Tuesday, September 24, 2024)
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The price of the two-month American soybean contract fell on Tuesday, September 24, 2024. Trading of the two-month American soybean contract today was recorded at USD 1,035.25 per bushel. This figure is lower than the previous day's trade, which was at USD 1,039.25 per bushel. This current condition is similar to the movement of the two-month American soybean contract in the last 24 hours, which is currently on an upward trend.
Over the past week, the price of the two-month American soybean contract grew by 4.92 percent, with an average daily transaction price of USD 1,017.75 per bushel. Compared to the price at the beginning of the year, the price of this two-month American soybean contract has grown by -18.74 percent. Indeed, from its highest price this year of USD 1,274 per bushel, the price of the two-month American soybean contract has fallen by 18.74 percent.
Annually, the average trading price of the two-month American soybean contract over the last five years has been on an upward trend. Meanwhile, for monthly price monitoring, transactions in the last 12 months have tended to decrease. The highest average monthly price of 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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