Tractor harvesting soybeans in a field

Soybeans Price Outlook

The price of soybeans increased to a over four-year high over the past month due to healthy demand conditions and supply concerns—particularly in Brazil. Soybeans traded at USD 1,102 cents per bushel on 6 November, which was up 5.5% from the same day last month. Moreover, the price was 16.8% higher on a year-to-date basis and was up 18.8% from the same day last year. U.S. exports in late October remained well above the weekly pace required to meet the USDA’s export projections, which likely exerted upward pressure on soybean prices. Moreover, growing regions in Brazil were battered by poor weather, while the ongoing development of a La Niña weather pattern continued to spark concerns of drier conditions in Argentina, which weighed on supply prospects and should have also boosted prices. That said, healthy domestic production in the U.S. and projections for improved weather conditions ahead likely capped price growth over the past month.

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  

Sample Report

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

Download

Soybeans Historical Price Chart


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

Sample Report

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

Download

Request a Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Search form