Chart of Global Price of Soybeans per Metric Ton from 1990 to Present

Chart of Global Price of Soybeans per Metric Ton from 1990 to Present

The International Monetary Fund Primary Commodity Prices states:

Value represents the benchmark prices, which are representative of the global market. They are determined by the largest exporter of a given commodity. Prices are period averages in nominal U.S. dollars.

A metric ton is equal to 1,000 kilograms or approximately 2,204 pounds, while a U.S ton is equal to 2,000 pounds.

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