US Soybean Futures Contract (Two-Month Daytime) Traded at USD 1.192 per Bushel (Friday, March 29, 2024)

The price of the two-month American soybean contract increased on Friday, March 29, 2024. Trading of the two-month American soybean contract today was recorded at USD 1.192 per bushel. This figure is higher than the previous day's trade, which was at USD 1191.5 per bushel. This current condition is similar to the previous movement of the two-month American soybean contract, which is in an upward trend.

Over the past week, the price movement of the two-month American soybean contract slowed by 1.45 percent, with an average daily transaction price of USD 1198.39 per bushel. As a result, throughout 2024, the price of the two-month American soybean contract has decreased by -6.44 percent from its year-beginning position of USD 1,274 per bushel. The highest trading value for the two-month American soybean contract this year was transacted at USD 1,274 per bushel, which occurred 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 decrease. The highest average monthly price of the two-month American soybean contract was recorded in April 2022 at USD 1675.56 per bushel.