According to the results of trading on the Chicago Mercantile Exchange SWOT on August 8, 2022, soybean quotes added slightly against the backdrop of high temperatures and drought in certain parts of the United States.
Thus, prices for soybeans for delivery in August rose to $595/t, which is $2/t higher than the previous value ($593/t).
The maximum delivery price for August for the last month was $601/t (July 29, 2022). The minimum price is $521/t (July 21, 2022).
As of 08.08.2022, the cost of deliveries for:
— August amounted to $595/t;
— September amounted to $538/t;
— November amounted to 514 $/t.
Quotes for soybean oil in Chicago also grew after the last trading day – from $1512/t to $1526/t.
As for the prices for soybean meal , they remained at the same level after the auction. Thus, the cost of the product with dispatch in August was fixed at $550/t.
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