Soybeans (ZS-F)
Commodities · Grains · data since 2000-09-15 · last close 2026-09-09
Soybeans (ZS-F) monthly returns (%)
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 3.3 | 8.7 | 1.2 | 0.9 | 0.4 | -5.9 | 5.0 | 8.8 | 2.5 | · | · | · |
| 2025 | 4.4 | -2.9 | 0.3 | 2.0 | 0.7 | -1.7 | -6.1 | 7.8 | -3.4 | 9.8 | 3.5 | -9.4 |
| 2024 | -5.5 | -7.7 | 5.6 | -3.9 | 5.2 | -4.5 | -10.6 | -4.5 | 7.6 | -7.0 | 0.7 | 0.9 |
| 2023 | 1.2 | -3.1 | 1.0 | -4.1 | -10.0 | 19.8 | -7.2 | -5.9 | -6.3 | 0.9 | 4.3 | -3.7 |
| 2022 | 12.2 | 10.3 | -1.6 | 5.6 | -1.5 | -0.5 | -2.3 | -7.9 | -9.5 | 3.1 | 4.4 | 3.4 |
| 2021 | 4.2 | 2.6 | 2.2 | 9.3 | -2.6 | -5.3 | -2.4 | -8.2 | -3.3 | -1.6 | -1.5 | 9.2 |
| 2020 | -7.5 | 1.3 | 0.3 | -4.0 | -1.1 | 5.2 | 1.5 | 6.0 | 7.6 | 3.2 | 10.6 | 12.6 |
| 2019 | 3.7 | -1.9 | -1.5 | -4.9 | 4.3 | 2.5 | -4.0 | -0.8 | 5.7 | 1.2 | -4.4 | 7.6 |
| 2018 | 4.6 | 5.0 | -0.0 | -0.7 | -1.9 | -15.7 | 5.3 | -7.8 | 1.5 | -0.8 | 6.6 | -1.4 |
| 2017 | 2.8 | 0.1 | -7.7 | -0.1 | -3.1 | 2.9 | 5.5 | -5.9 | 3.4 | 0.6 | 1.2 | -3.5 |
| 2016 | 1.3 | -3.3 | 6.8 | 12.1 | 5.6 | 8.9 | -12.1 | -7.0 | -0.6 | 5.1 | 3.0 | -3.5 |
| 2015 | -5.7 | 7.3 | -5.6 | 0.5 | -4.5 | 13.1 | -7.2 | -8.5 | -0.6 | -0.9 | -0.3 | -1.1 |
| 2014 | -2.3 | 10.3 | 3.5 | 4.6 | -2.5 | -6.2 | -12.6 | -11.0 | -16.2 | 14.6 | -2.9 | 0.3 |
| 2013 | 3.5 | 0.4 | -4.7 | 4.5 | 2.9 | 3.6 | -12.2 | 3.6 | -9.9 | -0.2 | 4.4 | -1.8 |
| 2012 | 0.0 | 9.6 | 6.8 | 7.1 | -10.8 | 12.9 | 13.8 | 2.5 | -9.3 | -3.4 | -7.0 | -1.4 |
| 2011 | 1.4 | -4.0 | 3.9 | -1.2 | -1.2 | -5.1 | 3.7 | 7.0 | -18.6 | 2.4 | -6.3 | 5.9 |
| 2010 | -12.1 | 4.0 | -1.1 | 5.2 | -5.2 | 1.1 | 11.0 | -4.2 | 9.8 | 10.8 | 1.4 | 12.1 |
| 2009 | 0.8 | -10.8 | 8.9 | 12.4 | 10.7 | 3.6 | -7.5 | -3.0 | -15.7 | 5.5 | 8.4 | -2.0 |
| 2008 | 6.3 | 19.4 | -21.3 | 8.7 | 4.7 | 17.7 | -13.0 | -4.6 | -21.6 | -11.5 | -4.6 | 10.1 |
| 2007 | 5.3 | 7.5 | -1.6 | -4.3 | 10.7 | 5.4 | -1.9 | 4.1 | 14.2 | 1.9 | 6.9 | 11.0 |
| 2006 | -1.3 | -2.4 | -1.5 | 2.8 | -1.3 | 2.6 | -2.6 | -6.4 | 1.0 | 15.1 | 8.8 | -0.3 |
| 2005 | -6.0 | 19.6 | 1.9 | -1.3 | 9.8 | -4.2 | 3.1 | -12.7 | -2.3 | -1.5 | -1.2 | 7.9 |
| 2004 | 3.9 | 15.0 | 5.6 | 3.9 | -21.3 | 9.7 | -32.9 | 4.6 | -16.0 | 0.1 | 1.4 | 2.4 |
| 2003 | -1.0 | 2.3 | -0.4 | 8.5 | 0.2 | -0.5 | -14.3 | 11.7 | 13.8 | 17.3 | -4.8 | 4.3 |
| 2002 | 1.4 | 3.0 | 7.0 | -2.4 | 10.1 | 5.5 | 5.8 | -1.5 | -2.4 | 3.6 | 2.4 | -1.6 |
| 2001 | -7.9 | -1.1 | -4.1 | -3.2 | 3.8 | 4.5 | 8.5 | -4.4 | -3.0 | -6.4 | 2.0 | -3.6 |
| 2000 | · | · | · | · | · | · | · | · | 1.1 | -8.8 | 10.3 | -0.6 |
| Avg | 0.4 | 3.4 | 0.2 | 2.2 | 0.1 | 2.7 | -3.3 | -1.9 | -2.6 | 2.0 | 1.8 | 2.1 |
Values in %. Current and first-listed months are partial (greyed).
returnsview.com
ZS-F seasonality — average by calendar month
Soybeans has monthly history back to 2000. Its strongest month by median is June — positive in 16 of 26 years, median +2.8%. August is the soft spot, down in 17 of 26 with a median of -4.3%. Across its full record it has closed 53% of months higher, swings ±7.4% in an average month and has fallen 55.3% peak to trough.
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Avg | +0.4% | +3.4% | +0.1% | +2.2% | +0.1% | +2.7% | -3.3% | -1.9% | -2.8% | +2.0% | +1.8% | +2.1% |
| Win rate | 65%/26 | 65%/26 | 54%/26 | 58%/26 | 50%/26 | 62%/26 | 38%/26 | 35%/26 | 38%/26 | 62%/26 | 65%/26 | 50%/26 |
Win rate = share of positive months / sample size.
ZS-F risk & extremes
ZS-F drawdown & rolling returns
Percent below the all-time high at each month-end — how far underwater the asset was.
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Frequently asked questions
What was Soybeans's best month?+
Soybeans's strongest completed month on record is June 2023, at +19.81%.
What was Soybeans's worst month?+
Its weakest completed month on record is July 2004, at -32.87%.
Is Soybeans up this year?+
Soybeans is up 26.88% year to date, measured from its last close before 1 January.
What is Soybeans's 1-year return?+
+29.26% over the past twelve months, comparing the latest close with the most recent close on or before the same date a year earlier.
What is Soybeans's biggest drawdown?+
The deepest peak-to-trough fall on record is 55.3%, measured on month-end closes since 2000.
Which calendar month is historically best for Soybeans?+
February has the highest average return across every completed February since 2000. An average is not a forecast.
About Soybeans
Soybeans is a grains business. Tracked here from its first session onward — every monthly, quarterly and weekly return on record since 2000, with no gaps filled in and nothing smoothed. And the long game: $100 at its first close here (2000) would be about $256 today.
Did you know?
- Its best month on record was June 2023 at +19.81%; its worst, July 2004 at -32.87%.
Trivia for entertainment — the numbers come from our price data; the jokes don't.