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Soybean Complex Price & Value Update – Mar ’21

  • March 2, 2021
  • by Belinda Przybylski

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

Feb ’21 CME Soybean Prices Increased 2.8% MOM and 59.4% YOY

Feb ’21 CME Soybean Meal Prices Remained Near Recent Six Year High Levels

Feb ’21 CME Soybean Meal Prices Declined 1.6% MOM but Remained up 42.1% YOY

Feb ’21 CME Soybean Oil Prices Reached an Eight Year High Level

Feb ’21 CME Soybean Oil Prices Increased 15.4% MOM and 81.9% YOY

The Feb ’21 Oil Percentage of Crush Value of 37.8% Rebounded to a Four and a Half Year High

Feb ’21 Meal + Oil Prices Finished at a $15.00/bu Eq, Compared to a Bean Price of $14.08

Feb ’21 Soybean Board Crush Rebounded From the Previous Month’s Four Month Low Level

Feb ’21 Soybean Board Crush Finished up 32.6% MOM and 7.9% YOY

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