Soybean prices fluctuated wildly between 2008 and 2009.
Commodity price started at $0.21 per pound in January 2008, with a high of $0.25 in July 2008 followed by a low of $0.14 in December 2008, to end at $0.17 in December 2009.
See link below for soybeans commodity prices.
A pound of soybeans will yield about 20% of oil by weight, or 3.2 ounces.
You need to divide the price per pound by the price per kilogram. (Price per pound)/(Price per kilogram) = Kilograms per pound Alternatively, I could just tell you that 1 pound = 0.45359237 kilograms
For soybeans, you don't even need a converter, sites like the one below display the price both by the bushel or the tonne (metric ton). But if you need one, you can just multiply the dollar price per bushel by 36.743 to get the price per tonne. Soybean meal is not sold by the bushel, which is an unit of volume for crops only, i.e. soybeans, not processed products which are sold by weight. A bushel of soybeans is standardized at 60 pounds, but there is no such standardization for soybean meal.
41.69 per pound.
Per pound of what?
At approximately 3,000 per pound, 1 bushel (60 lb) would be 180,000 soybeans. At approximately 2,500 per pound (a planting size), there would be 150,000 soybeans per bushel. Soybeans can range in weight from about 2,500/lb to about 3,500/lb.
A kilogram is 2.2 pounds. So divide the price of a KG by 2.2 and that is the price per pound.
Soybeans are a global "commodity" market item. You can find the daily price per bushel or tonne on the site linked below. On August 26, 2012, soybeans are priced at $18.22 per bushel (60 pounds), or $669.28 per tonne, an increase of $228 per tonne since the beginning of the year. For retail prices, for instance if you make your own soy milk, check with local retailers.
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