The price of American soybean futures contracts for two months, traded this afternoon, was USD 1118.5 per bushel (Tuesday, July 23, 2024).

The price of the two-month American soybean contract increased on Tuesday, July 23, 2024. Trading of the two-month American soybean contract today was recorded at USD 1118.5 per bushel. This figure is higher than the previous day's trade, which was at USD 1,117.75 per bushel. This current condition completes the movement of the two-month American soybean contract price over the past two days, which has been in a declining trend.

Over the past week, the price movement of the two-month American soybean contract grew by -1.41 percent, with an average daily transaction price of USD 1,099.68 per bushel. As a result, throughout 2024, the price of the two-month American soybean contract has fallen by 12.21 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 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 on an upward trend. Meanwhile, for monthly price monitoring, transactions in the last 12 months have tended to decline. The highest average monthly price of the two-month American soybean contract was recorded in September 2022 at USD 1,424.53 per bushel.