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- $11.06 per bushelThe break-even price to cover total costs less other revenue for soybean in 2022 is projected at $11.06 per bushel1. The season average price forecast for soybean in 2022/23 is $14.00 per bushel2. The soybean price is currently at $14.80 per bushel3. The 2023/2024 U.S. season-average soybean price is forecast at $12.10 per bushel, down compared with $14.20 per bushel in 2022/20234.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.The 2022 projected costs exceed 2021 cost of $652 per acre by $124 per acre. The break-even price to cover total costs less other revenue for soybean in 2022 is projected at $11.06 per bushel.www.wisfarmer.com/story/news/2021/12/23/high-in…In conjunction with the increased beginning stocks, the net result of these changes contributes to a decrease in 2022/23 soybean supply to 4.6 billion bushels. Increased global soybean competition, particularly with South America, places downward pressure on the season average price forecast to $14.00 per bushel.www.ers.usda.gov/webdocs/outlooks/104939/ocs-2…The soybean price, at $14.80 per bushel, is $1.90 higher than January and $2.10 higher than February a year earlier.www.nass.usda.gov/Publications/Todays_Reports/…The 2023/2024 U.S. season-average soybean price is forecast at $12.10 per bushel, down compared with $14.20 per bushel in 2022/2023.www.iasoybeans.com/newsroom/article/report-rais…
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