American Soybean Futures Contract (Two-Month) Closed at USD 1.001 per Bushel (Monday, September 16, 2024)
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Investing.com notes that the price of the two-month American soybean contract today rose 1.44 percent to USD 1.001 per bushel. This price increase is considerably higher than the average price movement over the last week.
Today's price movement is the highest this week at 1.44 percent. However, trading since the beginning of the year has been continuously declining, with year-to-date growth down 21.43 percent.
The current situation is similar to the price 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 movement of the two-month American soybean contract grew by -0.72 percent, with an average daily transaction price of USD 989.39 per bushel. Compared to its position 30 days ago, the price movement of the two-month American soybean contract has grown by -2.67 percent. The highest trading value for the two-month American soybean contract this year was 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 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 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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