Soybeans Commodity Update for the Week Ending May 05, 2023

For the week of May 01, 2023, soybean futures rose by 1.2% to end the week at 1436.5. That’s a 1.2% increase from last week.

May 05, 2023 saw the best results for soybeans with a high of 1436.5.

Soybean performance over the last month has taken a hit, dropping by 2.8%. Since Apr 05, 2023, soybeans have dropped from 1477.75 to 1436.5.

The best day of 2022 for soybeans happened on Jun 09, 2022, when the price was at 1559.5.

The total soybean volume for the week of May 01, 2023 was 507777. The highest daily volume was May 03, 2023 at 129015.