Soybeans Commodity Update for the Week Ending Oct 20, 2023

For the week of Oct 16, 2023, soybean futures rose by 1.7% to end the week at 1302.25. That’s a 1.7% increase from last week.

Oct 19, 2023 saw the best results for soybeans with a high of 1315.5.

Soybean performance over the last month has taken a hit, dropping by 1.3%. Since Sep 20, 2023, soybeans have dropped from 1320 to 1302.25.

The best day of 2022 for soybeans happened on Apr 27, 2022, when the price was at 1432.5.

The total soybean volume for the week of Oct 16, 2023 was 713515. The highest daily volume was Oct 19, 2023 at 182300.