What is the current price for soybeans?
What is the current price for soybeans?
The current price of soybeans as of December 29, 2021 is $13.6140 per bushel.
What’s the price of soybeans per bushel today?
The U.S. season-average soybean price for 2020/21 is forecast at $12.10 per bushel, down 25ยข.
What price did soybeans close at today?
Agriculture
| Name | Price | % |
|---|---|---|
| Rice | 13.76 | 0.88 |
| Soybean Meal | 372.90 | 0.32 |
| Soybeans | 12.77 | 1.31 |
| Soybean Oil | 0.55 | 2.06 |
Why did Soybean prices drop today?
Soybean markets collapse as trade reacts to China’s continued rejection of DDGS shipments. SOYBEANS stole the spotlight as last Tuesday’s market activity brought a collapse in the soybean and soybean meal markets. This created a backup in DDGS movement, which then caused a price drop of approximately $50-60 per ton.
What was the price of soybeans yesterday?
Key Data
| Label | Value |
|---|---|
| Last | 1368 |
| Prior Settlement | 1371.5 |
| 52 Week High | 1642.5 |
| 52 Week Low | 1188.5 |
Are soybeans a good investment?
When it comes to soybean ETFs in particular, it is said that they are a great investment for younger investors for several reasons. First, there are low fees involved, which is ideal for those just starting out. Secondly, they make management easy due to the wide variety of choices.
What was the price of soybeans a year ago?
Stats
| Value from Last Month | 551.95 |
|---|---|
| Value from 1 Year Ago | 499.98 |
| Change from 1 Year Ago | 10.13% |
| Frequency | Monthly |
| Unit | USD per Metric Ton |
Is there a high demand for soybeans?
Soybean product demand is driven by a combination of continued expansion in global protein demand and a leveling off of U.S. Domestic soybean meal usage is expected to increase approximately 7.4 million tons from 32.3 million in 2014 to 39.6 million in 2023.
What is the average bushel per acre for soybeans?
The 2021 estimated soybean yield compares to other recent national average soybean yields of 47.4 bushels per acre in 2019, 51.6 bushels per acre in 2018, 49.1 bushels per acre in 2017 and the record U.S. average soybean yield of 52.1 bushels per acre in 2016.
What is the price per bushel of soybeans?
From the 2012 high, soybean prices declined, averaging below $9 per bushel in 2018 and 2019. Prices then increased to $11.25 per bushel projected for 2020 MYA. A further increase to $13.85 per bushel is projected for 2021, which would be $5.28 per bushel higher than the 2019 price , an increase of 61%.
How much does a bushel of soybean cost?
In the soybean division averaged over years, seed makes up 13% of the total input costs, chemical inputs are 16%, fertilizer inputs are 10% and land costs make up 34% (Table 1). Average costs per acre for soybean ranged from $168 to $204 and average cost per bushel ranged from $3.30 to $4.19. Average returns per acre ranged from $62 to $194.
What is live cattle futures?
live cattle futures – Investment & Finance Definition. A futures contract that is traded on the Chicago Mercantile Exchange (CME). When live cattle futures were introduced in 1964, the concept of trading futures on a live and non-storable commodity was revolutionary.
What are feeder cattle futures?
Feeder cattle futures allow traders to be a part of an all-encompassing market that includes price demand for feed grain and the cattle themselves. It can also allow traders to address price risk among those involved in the trade of feeder cattle and to assess supply and demand of cattle, feed, and for both the current and future outlook.
