Private Superforecasting Workshop asks:
Between 15 November 2024 and 28 February 2025, what will be the lowest closing price of soybeans?
Started
Nov 15, 2024 06:00PM UTC
Closing Feb 28, 2025 08:01AM UTC
Closing Feb 28, 2025 08:01AM UTC
Soybean prices have fallen considerably in 2024 (MarketWatch, Agriculture.com). The question will be suspended on 27 February 2025 if still open and the outcome determined using data as reported in the US (your location in the world may impact how the site dates prices) by Trading Economics (Trading Economics, set chart to "1Y" and note that soybeans are priced in US cents per bushel). The closing price of soybeans on 8 November 2024 was 1016.8 cents, or $10.168.
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| Possible Answer | Crowd Forecast | Change in last 24 hours | Change in last week | Change in last month |
|---|---|---|---|---|
| Less than $9.00/bushel | 39.80% | +1.80% | +12.10% | +2.30% |
| At least $9.00/bushel, but less than $9.50/bushel | 44.30% | +1.00% | +8.70% | +16.80% |
| $9.50/bushel or more | 15.90% | -2.80% | -20.80% | -19.10% |