Soybean Complex Price & Value Update – Aug ’20

Jul ’20 CME Soybean Prices Rebounded to a Seven Month High Level Jul ’20 CME Soybean Prices Increased 1.5% MOM and 3.9% YOY Jul ’20 CME Soybean Meal Prices Rebounded to a Three Month High Level Jul ’20 CME Soybean Meal Prices Increased 1.0% MOM but Remained 3.0% Lower YOY Jul ’20 CME Soybean Oil Prices Rebounded to a Seven Month High Level Jul ’20 CME Soybean Oil Prices Increased 10.5% MOM and 11.4% YOY The Jul ’20 Oil Percentage of Crush Value of 34.8% Increased to a Seven Month High Level Jul ’20 Meal + Oil Prices Finished at a $9.76/bu Eq, Compared to a Bean Price of $8.98 Jul ’20 Soybean Board Crush Values Rebounded From the Previous Month’s Four Year Low Jul ’20 Soybean Board Crush Increased 47.9% MOM but Remained 18.8% Lower YOY