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Figure 1: Average soybean ARC payment rate for crop year 2020 As previously mentioned, crop insurance also provides a safety net, albeit against a different type of risk. While the farm bill tends to help with longer-run downturns and be more focused on prices, crop insurance focuses on shor...
up 3.7% from the previous week. The average price for U.S. Gulf Coast soybeans shipped in November was $11.2275 per bushel, up 3.0%; The December soybean meal futures contract closed at $296.2 a short ton, up 0.3%; The December soybean oil contract closed ...
To Convert Prices into Cents Per Bushel Soybeans: No conversion required Soybean Meal: 44 lbs (48% protein meal per bushel) / 2,000 lbs (per ton) = 0.022 x price of meal Soybean Oil: 11 lbs (oil per bushel) x price of oil
Jan 25 Soybeans closed at $9.76 3/4, down 5 1/4 cents, Nearby Cash was $9.27, down 5 1/2 cents, <...Read more Contract Specifications See More Contract Soybean Contract Size 5,000 bushels Tick Size 1/4 cent per bushel ($12.50 per contract) ...
1/4 cent per bushel ($12.50 per contract) Trading Hours 7:00p.m. - 7:45a.m. and 8:30a.m. - 1:20p.m. (Settles 1:15p.m.) (Sun-Fri) CST Exchange CBOT Point Value $50 Margin/Maintenance $2,200/2,000 First Notice Date ...