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Soybean Complex Price & Value Update – Feb ’21

  • February 2, 2021
  • by Belinda Przybylski

Jan ’21 CME Soybean Prices Reached a Six and a Half Year High Level

Jan ’21 CME Soybean Prices Increased 4.2% MOM and 57.0% YOY

Jan ’21 CME Soybean Meal Prices Declined Slightly From Recent Six Year High Levels

Jan ’21 CME Soybean Meal Prices Declined 0.8% MOM but Remained up 48.1% YOY

Jan ’21 CME Soybean Oil Prices Reached a Seven and a Half Year High Level

Jan ’21 CME Soybean Oil Prices Increased 3.0% MOM and 49.0% YOY

The Jan ’21 Oil Percentage of Crush Value of 34.1% Rebounded to a Five Month High Level

Jan ’21 Meal + Oil Prices Finished at a $14.39/bu Eq, Compared to a Bean Price of $13.70

Jan ’21 Soybean Board Crush Declined to a Seven Month Low Level

Jan ’21 Soybean Board Crush Finished Down 41.0% MOM and 28.9% YOY

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