Soybean Complex Price & Value Update – Jan ’21
Dec ’20 CME Soybean Prices Reached a Six and a Half Year High Level
Dec ’20 CME Soybean Prices Increased 12.6% MOM and 39.5% YOY
Dec ’20 CME Soybean Meal Prices Reached a Six Year High Level
Dec ’20 CME Soybean Meal Prices Increased 10.5% MOM and 44.8% YOY
Dec ’20 CME Soybean Oil Prices Reached a Seven Year High Level
Dec ’20 CME Soybean Oil Prices Increased 14.4% MOM and 25.6% YOY
The Dec ’20 Oil Percentage of Crush Value of 33.3% Rebounded to a Four Month High Level
Dec ’20 Meal + Oil Prices Finished at a $14.32/bu Eq, Compared to a Bean Price of $13.15
Dec ’20 Soybean Board Crush Rebounded Slightly From the Previous Month
Dec ’20 Soybean Board Crush Declined 22.7% MOM but Remained up 15.5% YOY
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