What is the price of soya beans per kilogram/pound in US today?
The retail price range for US soya beans is between US$ 0.57 and US$ 0.95 per kilogram or between US$ 0.26 and US$ 0.43 per pound(lb). Click here to see today's exact prices of soya beans in US
The retail price range in Euro for soya beans is between EUR 0.52 and EUR 0.87 per kilogram or between EUR 0.24 and EUR 0.40 per pound(lb) in Washington and New York.
Wholesale prices
In 2024, the approximate wholesale price range for US soya beans is between US$ 0.40 and US$ 0.67 per kilogram or between US$ 0.18 and US$ 0.30 per pound(lb).
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US Soya Beans Export Prices - Historical, Trends and Prediction
The export price per kilogram of Soya Beans from the US over the last five years has been relatively stable. In 2017, the price was 0.39 US $ per kg, followed by 0.37 US $ per kg in 2018 and 0.36 US $ per kg in 2019. In 2020, the price increased to 0.4 US $ per kg, before dropping to 0.52 US $ per kg in 2021 and 0.6 US $ per kg in 2022. Based on this trend, it is predicted that the export price per kilogram of Soya Beans from the US in 2023 will be 0.68 US $ per kg and 0.76 US $ per kg in 2024.The US soya beans exports are classified as:
- Soya beans, whether or not broken (HS code 120100)
- Soya beans, whether or not broken (excluding seed for sowing) (HS code 120190)
- Soya bean seed, for sowing (HS code 120110)
US Soya Beans Import Prices - Historical, Trends and Prediction
The import price per kilogram of Soya Beans into the US over the last five years has been relatively stable. In 2017, the price was 0.39 US$ per kg, followed by 0.37 US$ per kg in 2018. In 2019, the price dropped to 0.36 US$ per kg, before increasing to 0.4 US$ per kg in 2020. The price then rose to 0.52 US$ per kg in 2021, before reaching 0.6 US$ per kg in 2022. Based on this trend, it is predicted that the import price per kilogram of Soya Beans into the US will be 0.64 US$ per kg in 2023 and 0.68 US$ per kg in 2024.Export values for US soya beans
The total values in export for soya beans in US were US$ 22,884,621, US$ 21,538,852, US$ 17,162,766 and US$ 18,724,339 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Cereals/Grains category in US: Wheat, Rye, Barley, Oats, Maize, Rice, Sorghum, Buckwheet, Millet & Canary seed.
See prices of soya beans in other countries across North America: Canada soya beans, US soya beans, Anguilla soya beans, Antigua and Barbuda soya beans, Bermuda soya beans, Bonaire, Sint Eustatius and Saba soya beans, St.Pierre and Miquelon soya beans, United States Minor Outlying Islands soya beans, Cayman Islands soya beans & Greenland soya beans.
US soya beans - Production, Exports, Imports, Seasons and HS Codes
The volume of soya beans exported by US in 2020 was 64,571,035 tons. In 2019 US exported 52,388,367 tonnes of soya beans. For the year 2019 alone, the demand for US soya beans (cereals/grains category) has climbed, recording a change of 12.869 pc compared to the year 2018. Between 2017 and 2019, soya beans' exports decreased by -5.4 percent earning the nation US$18,724.34m for the year 2019. US' soya beans exports are categorised as:
- Soya bean seed, for sowing (HS code 120110)
- Soya beans, whether or not broken (HS code 120100)
- Soya beans, whether or not broken (excluding seed for sowing) (HS code 120190)
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US soya beans export values
In 2019, US exported soya beans valued at 18,724.34m USD, a surge of 9.10% from 2018's total soya beans export of 17162.766m USD. The yearly growth in value of US soya beans between 2017 to 2018 was -20.317%.
The per year change in the volume of US' soya beans exports between 2017 and 2019 was -5.4% compared to a variation of 12.869% in the period between 2018 and 2019.
US' stake of the world's total soya beans' exports in 2019 was 1.1 pc. US holds position 11 in world exports of soya beans.
Export markets for US soya beans ( in '000$ )
US' top export markets for soya beans are Mexico, Colombia, Canada, Peru and Japan.
Import/Export Trends
US is a net importer of soya beans. The annual growth of US soya beans in value between 2015 to 2019 was -1%, per year, while annual growth in quantity for the same period was 9%, per annum.
US ordered 422,480 tonnes of soya beans in 2019.
Production
The production of soya beans in US was 290,379,552 tonnes in 2019 and is predicted to change by an average of -19.68%. The country had an estimated 91,056,450.00 hectares under soya beans cultivation.