Soybeans Commodity Update for the Week Ending May 31, 2024

Soybean prices ended the week of May 27, 2024 by falling 3.4% to 1205. Friday’s price represents a 3.4% dip from last week.

Soybeans has its worst day on May 31, 2024 as the price sat at 1205.

Compared to this time last month, soybeans have seen an increase of 3.6%. The price in Apr 30, 2024 was 1163 and has since risen to 1205.

On May 31, 2023, soybean futures had their worst performance, seeing a price of 1170.

For the week of May 27, 2024, the total volume of soybeans was 466279. Its poorest performance happened on May 31, 2024 when it was at 94667.