The soybeans prices usually rise during Spring and decline in Autumn. Here is the Exchange Trade Fund for Soybean: http://etfdb.com/etf/SOYB/

The current price as of 12/2015 of soybean is below the historical average real price of soybeans ($421).

Real Price of Soybeans

Mean

Std Dev

Minimum

Maximum

421.4321185

134.7168702

214.0949562

931.5834660

The following chart shows the real prices (inflation adjusted) from 1980 to 12/2015. The real prices are adjusted by CPI as of 1/2016 .


The following table and chart show the nominal prices of soybeans from 1980 to 12/2015. the historical average nominal price of soybeans during this period is $278.

Analysis Variable : value

N

Mean

Std Dev

Minimum

Maximum

432

278.5158169

104.6457393

158.3122634

622.9135498



Analysis Variable : value

decade

N Obs

Mean

Std Dev

Minimum

Maximum

Median

N

1980

120

237.9275458

41.6888582

177.0074879

344.3687911

227.4088025

120

1990

120

227.7615390

33.6552799

158.3122634

319.8399216

219.6459206

120

2000

120

264.0350974

97.2455379

158.6108358

554.1492765

217.6208264

120

2010

72

454.8879311

82.3191971

319.0822908

622.9135498

476.3821799

72






 

pctchng_Soybeans

pctchng_Soybeans

Average

Variance

month

0.94

19.15

1
2

0.17

13.65

3

1.80

22.82

4

1.51

16.55

5

1.71

15.15

6

0.67

41.35

7

-0.37

68.34

8

-2.98

62.89

9

-1.19

39.11

10

-1.91

43.70

11

2.00

19.12

12

0.46

13.64

Total

0.23

32.81

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