What was the price of soybeans in 2014?

What was the price of soybeans in 2014?

Soybean Prices – 45 Year Historical Chart

Soybean Prices – Historical Annual Data
YearAverage Closing PriceYear Low
2015$9.4242$8.5525
2014$12.2850$9.1025
2013$13.8587$11.9350

What was the price of soybeans in 2013?

Soybeans didn’t fare much better, dropping from $14.40 a bushel in 2012 to $12.70 in 2013 — reducing the crop’s value 4 percent to $41.81 billion.

How much is soybean by the bushel?

In the report, the market year average (MYA) prices for 2021 are projected at $5.70 per bushel for corn and $13.85 per bushel for soybean.

Will soybeans go up in 2021?

Soybean price outlook bearish The forecast rise in ending stocks is expected to put additional pressure on the situation and pull down oilseed prices. According to the USDA, soybean ending stocks in the US for 2021-22 is forecast at 320 million bu, up 25% year on year.

What is the highest soybean price ever?

1794.75
Historically, Soybeans reached an all time high of 1794.75 in September of 2012. Soybeans – data, forecasts, historical chart – was last updated on December of 2021.

What are soybean prices today?

Agriculture

NamePriceUnit
Rice13.84USD per cwt.
Soybean Meal379.00USD per Ton
Soybeans12.68USD per Bushel
Soybean Oil0.56USD per lb.

What is the price of soybean today?

Soybean Price Live

Last PriceChangeLow
6547142.006384
6485111.006320
6465118.006300
6463126.006299

How many bushels of soybeans can you get per acre?

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 average bushel per acre for soybeans?

What is soybean bushel?

A bushel of soybeans is roughly enough dry beans to fill eight gallons or 2,150.42 cubic inches of space, the capacity of a traditional bushel basket. That is the equivalent of 60 pounds of soybeans. In the Bible, bushels were used as containers for grains, seeds and flour.

What is the break even price for soybeans?

Based on the previous example for expenses, using typical corn and soybean yield targets, the 2021 breakeven price to cover direct and overhead expenses in 2021 would be about $3.75 to $4.00 per bushel for corn and $8.75 to $9.00 per bushel for soybeans.

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