Soybeans Price OutlookSoybean prices fell this month as global supply is forecast to be resilient over the coming months. On 11 May, soybeans traded at USD 967 cents per bushel, which was 4.3% lower than on the same day last month. However, the price was up 5.2% on a year-to-date basis and was 4.0% higher than on the same day last year. In May, the U.S. Department of Agriculture released its first global production estimates for the 2018/2019 soybean season. Soybean supply is expected to rebound over the season, following a dip in production in the previous season. In descending order, supply is expected to be driven by production from Brazil, the U.S. and, despite harsh weather conditions earlier this year, Argentina. In Brazil, crop supply should be flat compared to last season as an increase in total harvested area is seen balancing lower yields.
Soybeans Price History Data (USD cents per bushel, aop)
Price forecasts and historical data for Energy, Metals and Agricultural Commodities.
Soybeans Historical Price Chart
Price forecasts and historical data for Energy, Metals and Agricultural Commodities
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