Crop yields, coronavirus lead to more than $14/bushel since February
Soybean prices are at their highest point since 2014, with a perfect storm of elements causing the spike, reports NWestIowa.com.
Crop yields themselves — as well as situations overseas and the coronavirus pandemic — all contribute to the commodity being valued at more than $14/bushel since late February.
The uptick ends a six-year period where the price barely went over $11 and hit its lowest point last spring when it went under $8.30.
US Corn Price Idx:ZCPAUS.CM
open: 7.7701
high: 7.9252
low: 7.7701
关闭:7.8891
US Soybean Price Idx:ZSPAUS.CM
open: 16.3705
high: 16.5721
low: 16.3678
close: 16.5136
US Hard Red Winter Wheat Price Idx:KEPAUS.CM
open: 11.3029
high: 11.4085
low: 11.2635
close: 11.3284
US Soft Red Winter Wheat Price Idx:ZWPAUS.CM
open: 10.6957
high: 10.7753
low: 10.603
close: 10.6321
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