Soybeans Price OutlookAfter falling in late December, soybean prices mostly recovered by early January. On 11 January, soybeans traded at USD 857 cents per bushel, which was 1.3% lower than on the same day last month. The price was up 2.7% on a year-to-date basis but was 5.8% lower than on the same day last year. On 11 December, the U.S. Department of Agriculture increased its forecast for the global stock of soybeans at the end of the 2018–2019 season. This revision, which appeared to put downward pressure on prices, was primarily due to a higher Brazilian supply projection and an upwardly-revised estimate for the world stock of soybeans at the beginning of the season. However, truce discussions related to the U.S.-China trade war between 7 and 9 January likely supported prices somewhat.
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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