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Price of 541 Pounds Soybeans

541 Pounds of Soybeans is equal to
= $82.05
541 pounds of soybeans = $82.051666666667
5410 pounds of soybeans = $820.51666666667
54100 pounds of soybeans = $8205.1666666667
541000 pounds of soybeans = $82051.666666667
More Price Conversion:
768 pounds of soybeans
975000 pounds of soybeans
6409958143 pounds of soybeans

*please enter quantity number, select a unit and the type of commodity goods, then click getPrice button.

Precious Metals & Solid Commodity:
Oils & Fuel:
Agricultures & Livestocks:

*The average price as of Oct 2024.
Source: markets.businessinsider.com

Average Commodity Price

Use this tool to find the average price of commodities.

What is a commodity?

In economics, a commodity is an economic good or service that has full or substantial fungibility: that is, the market treats instances of the good as equivalent or nearly so with no regard to who produced them.

The price of a commodity good is typically determined as a function of its market as a whole: well-established physical commodities have actively traded spot and derivative markets. The wide availability of commodities typically leads to smaller profit margins and diminishes the importance of factors (such as brand name) other than price.

Most commodities are raw materials, basic resources, agricultural, or mining products, such as iron ore, sugar, or grains like rice and wheat. Commodities can also be mass-produced unspecialized products such as chemicals and computer memory.