Home / Prices / Soybeans Soybeans price history, 1960 to 2026 US, CIF Rotterdam averaged $524/t in September 2026, +30% over twelve months and +30% over ten years. The nominal all-time high was $737/t in June 2022; in 2024 dollars the real peak was $3,336/t in June 1973. Monthly averages, World Bank Pink Sheet.
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Soybeans monthly prices, $/t, Jan 1960 to Sep 2026 Line chart of soybeans monthly prices in $/t from Jan 1960 to Sep 2026: US, CIF Rotterdam from 94 to 524, peaking at 737; Soybean meal, Argentine 45-46% CIF Rotterdam from 92 to 447, peaking at 651; Soybean oil, Dutch FOB ex-mill from 204 to 1,615, peaking at 1,963. 0 500 1,000 1,500 2,000 1960 1965 1970 1975 1980 1985 1990 1995 2000 2005 2010 2015 2020 2025 $/t OPEC oil embargo, Oct 1973 (Embargo announced 17 October 1973, following the Yom Kippur War (6 October 1973)) Iranian Revolution, Jan 1979 (Shah of Iran deposed, 16 January 1979) Iraq invades Kuwait, Aug 1990 (2 August 1990) Asian financial crisis begins, Jul 1997 (Thailand floats the baht, 2 July 1997) September 11 attacks, Sep 2001 (11 September 2001) Lehman Brothers collapse, Sep 2008 (NBER Business Cycle Dating Committee, US recession December 2007–June 2009) Fukushima Daiichi nuclear accident, Mar 2011 (11 March 2011) OPEC holds output steady amid oversupply, Nov 2014 (OPEC 166th Meeting, 27 November 2014) COVID-19 declared a pandemic, Mar 2020 (World Health Organization, 11 March 2020) Russia invades Ukraine, Feb 2022 (24 February 2022) Israel-Hamas war begins, Oct 2023 (7 October 2023) Dashed lines: OPEC oil embargo (Oct 1973); Iranian Revolution (Jan 1979); Iraq invades Kuwait (Aug 1990); Asian financial crisis begins (Jul 1997); September 11 attacks (Sep 2001); Lehman Brothers collapse (Sep 2008); Fukushima Daiichi nuclear accident (Mar 2011); OPEC holds output steady amid oversupply (Nov 2014); COVID-19 declared a pandemic (Mar 2020); Russia invades Ukraine (Feb 2022); Israel-Hamas war begins (Oct 2023). Hover a line for the source of its date.
Derived price statistics per series Series Latest 1 month 12 months 5 years 10 years 20 years All-time high (nominal) All-time high (real, 2024 US$) US, CIF Rotterdam$/t, since 1960 524September 2026 +9% +30% -6% +30% +103% 737June 2022 3,336June 1973 Soybean meal, Argentine 45-46% CIF Rotterdam$/t, since 1960 447September 2026 +10% +25% -4% +21% +93% 651August 2012 4,131July 1973 Soybean oil, Dutch FOB ex-mill$/t, since 1960 1,615September 2026 -1% +39% +15% +93% +168% 1,963May 2022 6,428October 1974
Percentage changes compare the latest monthly average with the monthly average 1, 12, 60, 120 and 240 months earlier. Real prices deflate by the US consumer price index (BLS via FRED) to 2024 dollars.
Source: World Bank Pink Sheet , 2026-10-02, fetched 6 October 2026 (CC BY 4.0)
Prices are monthly benchmark averages that may lag the market; informational only, not investment, legal or trade advice. For what these benchmarks mean and how they are set, see how soybeans is priced .
Monthly soybeans prices by decade Choose a decade. Values are monthly averages in the unit shown; blank cells mean no quote was published.
1960s 1970s 1980s 1990s 2000s 2010s 2020s
US, CIF Rotterdam ($/t) US, CIF Rotterdam monthly prices, 1960s, $/t Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Average 1960 94 91 92 93 93 91 92 93 92 88 90 93 91.83 1961 102 114 121 129 122 114 112 101 98 98 100 101 109.3 1962 101 101 103 104 104 102 101 95 95 97 101 102 100.5 1963 107 110 109 107 109 108 109 106 109 117 116 114 110.1 1964 117 113 111 107 105 104 102 104 110 114 118 122 110.6 1965 123 128 125 123 119 122 120 111 106 104 107 113 116.8 1966 120 122 120 122 125 131 139 140 128 120 121 121 125.8 1967 117 117 116 116 116 117 115 111 111 110 116 113 114.6 1968 114 115 116 113 114 112 111 106 105 104 109 111 110.8 1969 111 109 111 110 112 110 102 99 101 103 107 106 106.8
US, CIF Rotterdam monthly prices, 1970s, $/t Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Average 1970 107 110 111 112 115 118 122 120 119 123 125 121 116.9 1971 125 125 124 119 122 127 134 131 124 125 125 126 125.6 1972 125 127 135 140 140 138 141 141 135 136 148 174 140 1973 214 259 258 260 358 470 330 331 266 245 239 254 290.3 1974 261 271 265 235 229 228 276 320 303 335 312 288 276.9 1975 256 231 226 229 208 207 224 243 227 211 192 185 219.9 1976 189 191 190 190 210 248 264 248 261 254 260 269 231.2 1977 287 293 328 384 371 326 252 230 205 209 236 241 280.2 1978 239 239 273 290 290 278 266 262 264 271 270 278 268.3 1979 284 298 310 300 300 322 322 302 292 283 281 279 297.8
US, CIF Rotterdam monthly prices, 1980s, $/t Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Average 1980 268 271 264 252 260 262 303 309 335 340 367 324 296.3 1981 323 306 305 316 306 291 294 283 264 260 257 256 288.4 1982 262 254 254 265 269 254 249 234 217 214 231 232 244.6 1983 235 239 242 253 252 243 263 339 350 329 324 311 281.7 1984 305 293 314 315 338 308 270 261 245 245 250 241 282.1 1985 243 239 241 243 231 227 223 211 207 205 210 213 224.4 1986 221 216 217 213 215 213 209 202 195 197 204 199 208.4 1987 200 198 199 207 221 228 222 215 214 217 228 240 215.8 1988 254 254 257 270 285 353 351 342 337 313 313 313 303.5 1989 318 307 313 297 297 291 272 236 237 238 246 248 275
US, CIF Rotterdam monthly prices, 1990s, $/t Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Average 1990 242 240 242 247 259 249 252 250 250 247 239 244 246.8 1991 239 241 244 245 241 241 229 241 246 237 237 234 239.6 1992 236 237 240 235 247 253 237 229 227 221 229 235 235.5 1993 239 236 238 244 246 245 287 274 260 249 267 276 255.1 1994 282 273 274 261 256 265 237 232 233 227 239 243 251.8 1995 243 238 246 249 250 252 261 257 266 271 282 296 259.3 1996 305 299 295 316 322 308 312 317 319 290 286 289 304.8 1997 301 308 332 338 298 278 306 265 269 278 288 284 295.4 1998 273 273 265 259 247 242 238 219 216 223 234 230 243.3 1999 221 205 205 207 199 194 183 199 207 203 198 199 201.7
US, CIF Rotterdam monthly prices, 2000s, $/t Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Average 2000 208 214 221 229 229 211 197 198 209 203 206 217 211.8 2001 210 200 195 186 184 188 208 212 202 187 189 189 195.8 2002 188 187 191 195 197 200 218 227 236 229 243 241 212.7 2003 244 243 241 251 250 239 230 237 264 310 327 332 264 2004 350 368 413 358 316 295 279 265 260 249 260 265 306.5 2005 262 261 290 283 283 306 298 274 263 257 256 264 274.8 2006 257 257 257 258 266 267 272 262 258 273 300 297 268.7 2007 306 325 322 320 334 361 376 385 426 450 489 504 383.2 2008 529 574 559 549 566 635 637 557 525 400 372 359 521.8 2009 401 374 373 388 426 442 431 498 425 430 447 449 423.7
US, CIF Rotterdam monthly prices, 2010s, $/t Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Average 2010 436 412 409 403 403 401 428 450 468 496 514 546 447.2 2011 568 566 553 557 557 556 557 553 532 491 478 483 537.6 2012 503 523 547 584 577 578 670 684 677 626 585 591 595.4 2013 595 611 585 564 498 525 511 512 560 541 551 564 551.4 2014 566 491 531 516 519 511 472 459 430 426 450 448 484.9 2015 433 424 410 395 388 391 406 379 367 376 368 368 392.1 2016 373 374 381 395 423 457 431 412 404 402 398 416 405.5 2017 412 395 384 387 390 379 410 393 394 397 394 387 393.5 2018 390 416 430 439 430 394 377 377 357 368 374 381 394.4 2019 382 380 370 360 340 359 370 361 366 382 376 383 369.1
US, CIF Rotterdam monthly prices, 2020s, $/t Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Average 2020 387 376 373 361 359 370 381 385 423 454 500 511 406.7 2021 576 578 586 597 647 615 600 586 558 552 551 554 583.3 2022 606 662 721 721 724 737 678 671 664 626 649 646 675.4 2023 627 651 628 615 595 592 634 584 619 530 553 547 597.9 2024 547 520 487 477 490 480 470 400 391 442 436 409 462.4 2025 411 412 401 408 414 416 410 407 404 404 446 440 414.4 2026 425 459 473 463 473 464 478 482 524 471.2
Soybean meal, Argentine 45-46% CIF Rotterdam ($/t) Soybean meal, Argentine 45-46% CIF Rotterdam monthly prices, 1960s, $/t Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Average 1960 92 87 84 87 82 80 78 78 83 75 69 79 81.17 1961 85 95 99 111 109 99 100 103 92 87 92 93 97.08 1962 80 78 83 84 86 89 92 94 102 93 94 94 89.08 1963 92 92 90 87 87 90 91 91 91 91 91 99 91 1964 99 96 94 90 85 86 85 83 92 89 85 87 89.25 1965 92 96 94 95 94 94 102 96 105 97 103 97 97.08 1966 102 99 93 97 102 118 123 124 112 105 101 108 107 1967 105 101 98 96 95 99 99 99 99 99 99 99 99 1968 97 97 96 95 96 96 96 96 99 98 97 94 96.42 1969 95 95 94 95 96 99 95 96 92 92 91 96 94.67
Soybean meal, Argentine 45-46% CIF Rotterdam monthly prices, 1970s, $/t Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Average 1970 101 102 97 97 98 102 106 107 106 104 105 106 102.6 1971 105 101 100 98 101 104 107 108 99 101 102 101 102.3 1972 105 107 114 117 117 119 127 126 138 135 155 198 129.8 1973 215 247 238 256 364 497 582 330 218 207 223 243 301.7 1974 221 203 200 172 157 142 163 197 184 210 179 184 184.3 1975 156 141 144 153 148 150 157 170 169 163 152 157 155 1976 160 164 162 163 189 244 231 212 218 211 215 231 200 1977 251 248 272 316 298 253 193 174 174 179 200 200 229.8 1978 200 188 215 224 221 208 207 202 208 223 227 237 213.3 1979 235 238 241 238 240 261 246 236 238 238 251 254 243
Soybean meal, Argentine 45-46% CIF Rotterdam monthly prices, 1980s, $/t Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Average 1980 244 238 242 242 224 218 248 260 292 310 336 295 262.4 1981 287 270 265 273 267 247 247 243 235 231 230 236 252.6 1982 242 235 226 230 234 222 212 203 196 192 213 217 218.5 1983 216 211 211 219 217 210 226 279 277 267 265 256 237.8 1984 237 221 229 220 219 202 186 180 168 170 169 165 197.2 1985 166 151 154 151 144 141 144 150 160 170 177 178 157.2 1986 186 185 194 187 184 180 184 187 189 185 182 174 184.8 1987 182 183 175 185 201 214 204 194 207 214 239 241 203.3 1988 225 216 227 237 255 317 293 283 297 290 283 287 267.5 1989 288 270 277 264 256 256 256 214 216 222 226 226 247.6
Soybean meal, Argentine 45-46% CIF Rotterdam monthly prices, 1990s, $/t Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Average 1990 221 209 197 198 198 184 186 189 197 211 204 208 200.2 1991 198 192 187 188 200 201 187 195 209 207 202 199 197.1 1992 210 204 200 192 196 204 205 205 209 207 206 215 204.4 1993 216 201 193 194 195 197 227 223 214 207 216 215 208.2 1994 215 207 200 193 196 203 193 189 184 177 174 178 192.4 1995 183 185 175 181 181 180 193 190 206 214 225 250 196.9 1996 260 253 246 270 271 266 265 270 286 270 274 279 267.5 1997 280 282 300 301 300 274 248 258 266 260 276 264 275.8 1998 231 214 184 165 162 159 157 145 145 151 163 168 170.3 1999 166 159 163 165 147 146 144 160 177 188 183 184 165.2
Soybean meal, Argentine 45-46% CIF Rotterdam monthly prices, 2000s, $/t Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Average 2000 195 203 205 199 202 199 190 190 207 205 215 235 203.8 2001 223 202 205 198 197 207 209 203 204 204 208 195 204.6 2002 206 197 190 186 187 187 191 190 202 202 206 204 195.7 2003 206 214 213 218 222 219 211 213 230 277 293 276 232.7 2004 293 299 329 332 294 254 228 217 221 215 214 222 259.8 2005 232 237 255 243 234 241 245 238 234 225 222 236 236.8 2006 231 230 218 210 213 216 215 223 232 244 248 249 227.4 2007 264 283 279 265 268 278 301 317 364 402 409 433 321.9 2008 448 458 466 516 504 534 522 442 413 351 334 318 442.2 2009 383 396 367 396 447 460 440 453 441 430 440 431 423.7
Soybean meal, Argentine 45-46% CIF Rotterdam monthly prices, 2010s, $/t Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Average 2010 423 405 371 377 371 351 369 399 410 418 437 449 398.3 2011 462 469 438 412 404 402 410 409 404 381 360 352 408.6 2012 386 406 441 482 503 515 609 651 647 595 568 577 531.7 2013 526 519 514 496 515 545 569 539 577 585 567 569 543.4 2014 540 571 602 584 568 544 503 502 460 453 474 470 522.6 2015 443 418 412 398 386 387 407 386 374 373 351 338 389.4 2016 336 323 319 346 422 468 440 399 368 362 357 356 374.7 2017 371 374 361 346 344 330 341 330 342 353 351 360 350.3 2018 376 421 445 462 459 421 407 388 377 379 366 361 405.2 2019 362 353 345 342 339 363 349 337 333 342 347 353 347.1
Soybean meal, Argentine 45-46% CIF Rotterdam monthly prices, 2020s, $/t Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Average 2020 356 354 377 364 339 345 355 375 408 466 496 495 394.2 2021 562 548 484 464 482 467 470 470 468 451 443 462 480.9 2022 526 569 601 579 530 528 536 535 537 542 519 571 547.8 2023 605 605 581 547 519 492 517 515 509 512 572 524 541.5 2024 494 457 441 429 479 481 472 436 436 422 385 376 442.3 2025 368 358 369 369 358 353 335 354 358 356 411 399 365.7 2026 386 391 404 416 422 419 410 406 447 411.2
Soybean oil, Dutch FOB ex-mill ($/t) Soybean oil, Dutch FOB ex-mill monthly prices, 1960s, $/t Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Average 1960 204 201 201 207 209 218 224 237 231 237 259 259 223.9 1961 278 303 311 322 314 295 282 276 267 270 265 265 287.3 1962 265 259 256 254 234 215 198 198 198 212 220 215 227 1963 223 231 229 229 231 231 229 207 204 234 223 212 223.6 1964 215 209 209 204 215 212 209 223 243 270 270 317 233 1965 284 303 300 295 256 256 248 234 248 284 276 256 270 1966 267 273 265 267 256 256 267 276 267 251 248 245 261.5 1967 231 225 231 227 224 226 212 210 206 203 211 196 216.8 1968 196 193 191 190 189 178 162 157 161 166 173 181 178.1 1969 181 185 178 167 170 173 180 181 200 240 260 251 197.2
Soybean oil, Dutch FOB ex-mill monthly prices, 1970s, $/t Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Average 1970 252 257 268 298 292 288 290 270 276 304 330 311 286.3 1971 309 297 300 292 293 310 336 335 296 305 301 271 303.8 1972 249 246 258 272 252 234 226 223 225 228 240 234 240.6 1973 239 291 311 333 373 455 550 548 508 531 490 603 436 1974 665 780 711 660 775 788 872 922 933 1,045 943 892 832.2 1975 775 661 622 624 516 525 578 599 551 495 423 391 563.3 1976 385 390 399 384 370 408 457 456 505 495 506 505 438.3 1977 502 553 630 782 741 666 548 498 512 490 500 541 580.3 1978 522 534 629 624 657 631 586 587 630 637 620 627 607 1979 616 653 669 648 636 673 690 682 691 671 670 647 662.2
Soybean oil, Dutch FOB ex-mill monthly prices, 1980s, $/t Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Average 1980 609 610 580 552 562 570 635 636 615 592 639 571 597.6 1981 545 516 535 531 511 512 530 506 485 486 470 455 506.8 1982 455 454 452 482 509 475 464 432 426 416 403 399 447.3 1983 397 395 394 434 434 425 477 651 733 687 652 644 526.9 1984 692 669 720 772 914 844 697 679 694 679 698 630 724 1985 630 664 667 693 652 630 568 518 469 448 455 470 572 1986 457 394 369 349 345 351 336 271 276 319 322 320 342.4 1987 315 307 305 333 351 351 318 322 330 348 338 393 334.3 1988 433 406 396 409 437 544 600 534 478 449 431 444 463.4 1989 423 412 437 440 460 464 447 404 410 419 433 429 431.5
Soybean oil, Dutch FOB ex-mill monthly prices, 1990s, $/t Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Average 1990 417 428 442 440 449 435 437 460 461 468 455 476 447.3 1991 455 445 453 460 444 440 431 457 468 485 466 442 453.8 1992 429 414 434 425 439 456 429 409 421 418 437 436 428.9 1993 444 433 438 448 448 461 505 483 489 491 536 589 480.4 1994 602 577 586 584 594 571 560 600 672 642 706 693 615.6 1995 674 663 652 610 595 611 626 616 614 638 623 579 625.1 1996 554 548 538 582 591 563 549 565 569 528 517 514 551.5 1997 534 527 541 541 541 550 535 544 555 611 676 622 564.8 1998 625 634 652 662 671 629 612 592 615 614 614 591 625.9 1999 542 482 444 443 422 406 391 412 414 400 387 375 426.5
Soybean oil, Dutch FOB ex-mill monthly prices, 2000s, $/t Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Average 2000 370 358 363 366 338 330 339 329 312 314 317 321 338.1 2001 305 304 328 326 295 287 421 427 385 373 391 397 353.3 2002 389 365 359 371 400 457 490 503 506 529 582 591 461.8 2003 541 522 523 541 549 546 531 516 558 608 631 637 558.6 2004 657 682 689 672 628 582 605 605 602 583 561 552 618.2 2005 520 496 544 546 538 560 561 550 545 579 559 538 544.7 2006 536 533 541 540 588 601 630 632 602 615 676 698 599.3 2007 697 715 719 754 789 836 887 922 977 1,008 1,142 1,188 886.2 2008 1,280 1,414 1,489 1,422 1,438 1,535 1,507 1,330 1,201 943 826 746 1,261 2009 790 748 731 809 890 893 846 903 858 897 932 940 853.1
Soybean oil, Dutch FOB ex-mill monthly prices, 2010s, $/t Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Average 2010 921 909 911 903 859 860 911 998 1,035 1,147 1,232 1,325 1,001 2011 1,366 1,360 1,307 1,310 1,296 1,319 1,337 1,328 1,308 1,223 1,214 1,203 1,298 2012 1,216 1,249 1,285 1,309 1,221 1,182 1,239 1,250 1,281 1,178 1,138 1,159 1,226 2013 1,192 1,173 1,117 1,095 1,073 1,038 990 995 1,020 991 990 991 1,055 2014 942 971 997 1,002 962 926 897 862 840 833 826 815 906.1 2015 797 763 750 748 785 788 752 728 720 743 727 766 755.6 2016 736 767 766 794 796 800 797 824 837 861 885 917 815 2017 877 840 815 794 825 833 836 862 889 881 887 867 850.5 2018 871 844 837 832 793 789 780 762 754 752 729 728 789.3 2019 748 773 750 734 743 743 748 793 779 771 770 834 765.5
Soybean oil, Dutch FOB ex-mill monthly prices, 2020s, $/t Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Average 2020 876 800 748 680 685 756 821 867 906 915 974 1,026 837.8 2021 1,099 1,124 1,285 1,386 1,575 1,518 1,468 1,434 1,399 1,484 1,443 1,411 1,386 2022 1,470 1,596 1,957 1,948 1,963 1,752 1,533 1,599 1,548 1,576 1,652 1,409 1,667 2023 1,352 1,243 1,113 1,030 988 1,007 1,136 1,127 1,112 1,134 1,118 1,062 1,119 2024 971 912 965 959 988 1,011 1,079 1,031 1,044 1,095 1,145 1,064 1,022 2025 1,048 1,069 1,011 1,120 1,163 1,178 1,307 1,245 1,159 1,132 1,128 1,116 1,140 2026 1,154 1,282 1,493 1,643 1,781 1,740 1,658 1,639 1,615 1,556
Method Nominal prices are the source's monthly averages in US dollars, stored in the source's unit and never mixed on one chart. Real prices divide each month by the US consumer price index for all urban consumers (BLS series CPIAUCSL, via FRED) and multiply by the 2024 average, so they read as "2024 dollars". Changes are ratios of monthly averages. The all-time high is the highest monthly average, not an intraday peak.
Downloads Cite as: Commodity Origins, "Soybeans price history (1960–2026)", https://commodityorigins.com/prices/soybeans/, data 2026-10-02. Data updated 22 October 2026.