Soybeans Commodity Update for the Week Ending Aug 16, 2024

Soybean prices ended the week of Aug 12, 2024 by falling 4.5% to 957. Friday’s price represents a 4.5% dip from last week.

Soybeans has its worst day on Aug 16, 2024 as the price sat at 957.

Soybean performance over the last month has taken a hit, dropping by 8.3%. Since Jul 16, 2024, soybeans have dropped from 1043.25 to 957.

On May 31, 2023, soybean futures had their worst performance, seeing a price of 1122.5.

For the week of Aug 12, 2024, the total volume of soybeans was 643059. Its poorest performance happened on Aug 16, 2024 when it was at 100908.