Commodity Origins

Soybeans price history, 1960 to 2026

US, CIF Rotterdam averaged $482/t in August 2026, +18% over twelve months and +17% 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.

Soybeans monthly prices, $/t, Jan 1960 to Aug 2026Line chart of soybeans monthly prices in $/t from Jan 1960 to Aug 2026: US, CIF Rotterdam from 94 to 482, peaking at 737; Soybean meal, Argentine 45-46% CIF Rotterdam from 92 to 403, peaking at 651; Soybean oil, Dutch FOB ex-mill from 204 to 1,638, peaking at 1,963.05001,0001,5002,00019601965197019751980198519901995200020052010201520202025$/t
US, CIF RotterdamSoybean meal, Argentine 45-46% CIF RotterdamSoybean oil, Dutch FOB ex-mill
Derived price statistics per series
SeriesLatest1 month12 months5 years10 years20 yearsAll-time high (nominal)All-time high (real, 2024 US$)
US, CIF Rotterdam
$/t, since 1960
482
August 2026
+1%+18%-18%+17%+84%737
June 2022
3,336
June 1973
Soybean meal, Argentine 45-46% CIF Rotterdam
$/t, since 1960
403
August 2026
-2%+14%-14%+1%+81%651
August 2012
4,131
July 1973
Soybean oil, Dutch FOB ex-mill
$/t, since 1960
1,638
August 2026
-1%+32%+14%+99%+159%1,963
May 2022
6,428
October 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, 2026-09-02, fetched 6 September 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.

US, CIF Rotterdam ($/t)

US, CIF Rotterdam monthly prices, 2020s, $/t
YearJanFebMarAprMayJunJulAugSepOctNovDecAverage
2020387376373361359370381385423454500511406.7
2021576578586597647615600586558552551554583.3
2022606662721721724737678671664626649646675.4
2023627651628615595592634584619530553547597.9
2024547520487477490480470400391442436409462.4
2025411412401408414416410407404404446440414.4
2026425459473463473464478482464.6

Soybean meal, Argentine 45-46% CIF Rotterdam ($/t)

Soybean meal, Argentine 45-46% CIF Rotterdam monthly prices, 2020s, $/t
YearJanFebMarAprMayJunJulAugSepOctNovDecAverage
2020356354377364339345355375408466496495394.2
2021562548484464482467470470468451443462480.9
2022526569601579530528536535537542519571547.8
2023605605581547519492517515509512572524541.5
2024494457441429479481472436436422385376442.3
2025368358369369358353335354358356411399365.7
2026386391404416422419410403406.4

Soybean oil, Dutch FOB ex-mill ($/t)

Soybean oil, Dutch FOB ex-mill monthly prices, 2020s, $/t
YearJanFebMarAprMayJunJulAugSepOctNovDecAverage
20208768007486806857568218679069159741,026837.8
20211,0991,1241,2851,3861,5751,5181,4681,4341,3991,4841,4431,4111,386
20221,4701,5961,9571,9481,9631,7521,5331,5991,5481,5761,6521,4091,667
20231,3521,2431,1131,0309881,0071,1361,1271,1121,1341,1181,0621,119
20249719129659599881,0111,0791,0311,0441,0951,1451,0641,022
20251,0481,0691,0111,1201,1631,1781,3071,2451,1591,1321,1281,1161,140
20261,1541,2821,4931,6431,7811,7401,6581,6381,549

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 2026-09-02. Data updated 6 September 2026.