American Soybean Futures Prices Rise to USD 1.017.25 per Bushel on Two-Month Contract (Friday, September 20, 2024)
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The price of the two-month American soybean contract increased on Friday, September 20, 2024. Today's trading price for the two-month American soybean contract was recorded at USD 1,017.25 per bushel. This is higher than the previous day's trading price of USD 1,013.25 per bushel. This current condition is similar to the upward trend observed in the two-month American soybean contract price over the last day.
Over the past week, the price of the two-month American soybean contract grew by 3.83 percent, with an average daily transaction price of USD 1,004.75 per bushel. According to Katadata Insight Center (KIC) calculations, year-to-date (YTD), the price of the two-month American soybean contract has decreased by -20.15 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 has shown an upward trend over the past five years. Meanwhile, monthly price monitoring shows a downward trend in transactions over the past 12 months. 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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