Soybean Complex Price & Value Update – Jun ’21
May ’21 CME Soybean Prices Declined From the Previous Month’s Eight and a Half Year High
May ’21 CME Soybean Prices Declined 2.6% MOM but Remained 82.0% Higher YOY
May ’21 CME Soybean Meal Prices Declined to a Six Month Low Level but Remained Elevated
May ’21 CME Soybean Meal Prices Declined 7.2% MOM but Remained 39.7% Higher YOY
May ’21 CME Soybean Oil Prices Declined From the Previous Month’s Record High Level
May ’21 CME Soybean Oil Prices Declined 3.9% MOM but Remained 140.3% Higher YOY
The May ’21 Oil Percentage of Crush Value of 45.4% Reached a Nine Year High Level
May ’21 Meal + Oil Prices Finished at a $15.94/bu Eq, Compared to a Bean Price of $15.31
May ’21 Soybean Board Crush Declined to an 11 Month Low Level
May ’21 Soybean Board Crush Finished Down 46.9% MOM and 24.2% YOY
