American Soybean Prices for Two-Month Contracts Fall to USD 1.012 per Bushel (Friday, September 20, 2024)
- A Small Font
- A Medium Font
- A Bigger Font
Investing.com notes that the price of the two-month American soybean contract today fell 0.12 percent to USD 1.012 per bushel. This price drop is relatively significant compared to the average price movement over the past week.
This week, the two-month American soybean contract saw its highest surge on Monday, September 16, 2024, at 1.8 percent. However, trading since the beginning of the year has continuously declined, with year-to-date growth down 20.57 percent.
The current situation complements the upward trend in the two-month American soybean contract price over the past two days.
Over the past week, the price of the two-month American soybean contract grew by 3.29 percent, with an average daily transaction price of USD 1.004 per bushel. Compared to the price at the beginning of the year, the two-month American soybean contract price has grown by -20.57 percent. In fact, from its highest price this year at USD 1.274 per bushel, the two-month American soybean contract price has fallen by 20.57 percent.
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 shrink. 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."
Related Data
Latest Data Stories
Trending Topics
Popular Data