Q:

What was the highest price for soybeans in 2014?

A:

Quick Answer

The highest price for soybeans in 2014 was $591 per metric ton, which was reported on February 28, 2014, according to the World Bank. The year saw an overall decline in soybean prices, starting at $566 in January and ending at $446 in December.

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What was the highest price for soybeans in 2014?
Credit: United Soybean Board CC-BY 2.0

Full Answer

The lowest price for soybeans in 2014 was $424 per metric ton, as reported on October 31. The World Bank keeps track of main commodity markets needed by developing countries. The financial institution publishes monthly prices on the third business day of every month in the Commodity Markets Review Report. It publishes 10-year forecasts on a quarterly basis and publishes comprehensive reviews in January and June.

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