The price of American soybean futures contracts for two months, traded during daytime hours, was USD 1323.75 per bushel (Friday, December 1, 2023).

Investing.com notes that the price of the two-month American soybean contract today fell 1.42% to USD 1323.75 per bushel. This price drop is considerably higher than the average price movement over the last week.

This week, the two-month American soybean contract saw its highest surge on Tuesday, November 28, 2023, at 1.26%. It has strengthened by 4.11% compared to its year-to-date position.

The current situation completes the upward trend in the two-month American soybean contract price over the past two days.

Over the past week, the price movement of the two-month American soybean contract slowed by 3.88%, with an average daily transaction price of USD 1339.57 per bushel. Compared to its position 30 days ago, the price of the two-month American soybean contract has grown by 2.88%. Even from its highest price this year at USD 1,385 per bushel, the two-month American soybean contract price has fallen by 4.42%.

Annually, the average trading price of the two-month American soybean contract over the past 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 March 2022 at USD 1679.74 per bushel.