Soybeans Price Outlook

The price of soybeans increased slightly in recent weeks. Soybeans traded at USD 887 cents per bushel on 10 July, which was 2.5% higher than on the same day last month. The price was down 5.9% on a year-to-date basis but was 0.8% lower than on the same day last year. Soybean prices were pushed up in recent weeks by reports of adverse weather conditions in the United States, the leading producer of the commodity. Further supporting prices, demand appears to be robust in China, with imports from Brazil hitting a two-year high in May. In addition, although imports from the U.S. were low in May, they are widely expected to climb in the coming months as available supply from the U.S. ramps up and as China aims to hit import targets set in the U.S.-China “phase one” trade deal.

Soybeans Price History Data (USD cents per bushel, aop)

2015  2016  2017  2018  2019  
Soybeans 943.11  987.01  977.8  934.24  892.18  

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Soybeans Historical Price Chart


Soybeans historical price chart
Note: Chicago Board Of Trade (CBOT) Soybeans, prices in USD cents per bushel (bu). Daily prices.

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Price forecasts and historical data for Energy, Metals and Agricultural Commodities

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