American Soybean Prices for Two-Month Contracts Fall to USD 1.006.25 per Bushel (Friday, September 13, 2024)
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The price of the two-month American soybean contract fell on Friday, September 13, 2024. Today's trading price for the two-month American soybean contract was recorded at USD 1,006.25 per bushel. This is lower than the previous day's trading price of USD 1,010.75 per bushel. This current condition is similar to the movement of the two-month American soybean contract price in the last day, which is currently on an upward trend.
Over the past week, the price of the two-month American soybean contract grew by -1.49 percent, with an average daily transaction price of USD 1,008.75 per bushel. As a result, throughout 2024, the price of the two-month American soybean contract has fallen by 21.02 percent from its year-start position of USD 1,274 per bushel. In fact, from its highest price this year of USD 1,274 per bushel, the price of the two-month American soybean contract has fallen by 21.02 percent.
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 of 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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