Soybeans Price OutlookPrices rebounded over the past few days, after tumbling to multi-year lows in early July. On 3 August, soybeans traded at USD 857 cents per bushel, which was 5.3% higher than on the same day last month. However, the price was down 6.8% on a year-to-date basis and was 7.5% lower than on the same day last year. The U.S. Department of Agriculture upwardly revised its projection for world soybean production for the current season ending in 2019, initially pushing prices to a multi-year low on 13 July. However, on 25 July, the EU and U.S. agreed to pause what was a fast-brewing trade dispute between the two major trading partners, representing a positive demand-side development for soybeans and supporting prices. Moreover, data released on 30 July showed that EU soybean imports from the U.S. nearly quadrupled in July year-on-year.
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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