The price of American soybean futures contracts for two months, traded this afternoon, was USD 1,005.38 per bushel (Tuesday, September 17, 2024).
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The price of the two-month American soybean contract increased on Tuesday, September 17, 2024. Today's trading price for the two-month American soybean contract was recorded at USD 1,005.38 per bushel. This is higher than the previous day's trading price of USD 1,004.5 per bushel. This current condition completes the upward trend of 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 has grown by 1.63 percent, with an average daily transaction price of USD 992.2 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 -21.08 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 been on an upward trend over the past five years. Meanwhile, for monthly price monitoring, transactions in the last 12 months have tended to decline. 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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