Soybean Complex Price & Value Update – Mar ’20
Feb ’20 CME Soybean Prices Rebounded Slightly From the January Five Month Low Level
Feb ’20 CME Soybean Prices Finished up 1.3% MOM but Remained Down 1.6% YOY
Feb ’20 CME Soybean Meal Prices Rebounded Slightly From the Previous Month
Feb ’20 CME Soybean Meal Prices Finished up 2.6% MOM but Remained Down 1.2% YOY
Feb ’20 CME Soybean Oil Prices Declined to a Seven Month Low Level
Feb ’20 CME Soybean Oil Prices Finished Down 5.4% MOM and 5.5% YOY
The Feb ’20 Oil Percentage of Crush Value of 32.2% Declined to a Seven Month Low Level
Feb ’20 Meal + Oil Prices Finished at a $9.68/bu Eq, Compared to a Bean Price of $8.84
Feb ’20 Soybean Board Crush Values Declined to a Five Month Low Level
Feb ’20 Soybean Board Crush Finished Down 12.6% MOM and 12.7% YOY