Soybean Complex Price & Value Update – Jul ’20

Jun ’20 CME Soybean Prices Rebounded to a Three Month High Level Jun ’20 CME Soybean Prices Increased 5.0% MOM but Remained 1.9% Lower YOY Jun ’20 CME Soybean Meal Prices Rebounded off of the Previous Month’s Four Year Low Level Jun ’20 CME Soybean Meal Prices Increased 1.2% MOM but Remained 8.5% Lower YOY Jun ’20 CME Soybean Oil Prices Rebounded to a Four Month High Level Jun ’20 CME Soybean Oil Prices Increased 1.9% MOM but Remained 1.2% Lower YOY The Jun ’20 Oil Percentage of Crush Value of 32.7% Increased to a Five Month High Level Jun ’20 Meal + Oil Prices Finished at a $9.37/bu Eq, Compared to a Bean Price of $8.83 Jun ’20 Soybean Board Crush Values Declined to a Four and a Half Year Low Level Jun ’20 Soybean Board Crush Declined 35.1% MOM While Finishing 45.6% Lower YOY