Web2. mar 2024 · The 2024 corn crop insurance price was announced at $3.88 per bushel, down 12 cents, or 3%, from last year. The 2024 spring price is the lowest since 2016’s $3.86 per bushel and the second lowest in the last decade. For soybeans, the spring price was announced at $9.17 per bushel, down nearly 4%, or 27 cents per bushel. Like corn, the … Web6. apr 2024 · They averaged USD 634 cents per bushel in March, which was down 5.5% from February and was down 15.0% from the same month last year. On 31 March, the spot price was USD 661 cents per bushel, which was 4.9% higher than on …
Soybean Prices - 45 Year Historical Chart MacroTrends
Web9. mar 2024 · World soybean production has increased at an average of 4.8% per year over the last ten years, but this number is skewed by the global crop failure in 2011/12. The 11-year average increase is only 3.1%, and the 9-year average increase 3.5%, which are better indicators of the situation in this case. Web22. sep 2024 · For the 2015 growing season, US farmers planted over 80 million acres and produced nearly 4 billion bushels of soybeans. With market prices averaging $10 per bushel, that translates to $40 billion in raw production value each harvest. However, the soybean plant was not always one of the dominant crops in the US agricultural landscape. twitter export all i follow to a list
Soybeans Historical Prices Charts - xHistorical Commodity …
Web1. jan 2008 · Unfortunately, the number of days over the last ten years that soybean meal was below $200 was far greater than the number of days soybean oil was above $700. Notably, if oil demand was so strong as to cause prices to dramatically rise, a greater interest would arise among processors and farmers to switch from soybeans. WebCanola futures traded above CAD 750 per tonne, and higher than a 2-year low of CAD 725 hit in March, supported by gains in soybeans and oil prices. Australia is set to reach record … Web14. sep 2024 · The MYA price for soybeans was below the $10.64 average in 60% of the years from 2007 to 2024. Similar to corn, the 2024 soybean projection of $12.90 likely does not signal that prices have reached a new higher plateau. Rather, soybean prices likely will decline in the future. Commentary. Expectations are for high prices in the 2024 market year. taktfrequenz motherboard