American Soybean Prices for Two-Month Contracts Fall to USD 1.097.25 per Bushel (Friday, July 19, 2024)

The price of the two-month American soybean contract fell on Friday, July 19, 2024. Trading of the two-month American soybean contract today was recorded at USD 1,097.25 per bushel. This figure is lower than the previous day's trade, which was at USD 1,098.5 per bushel. This current condition is similar to the downward trend of the two-month American soybean contract price over the last day.

Over the last week, the price of the two-month American soybean contract has decreased by 3.86 percent, with an average daily transaction price of USD 1,105.54 per bushel. Compared to the price at the beginning of the year, the two-month American soybean contract price has decreased by 13.87 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 shown 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.