Soybean Complex Price & Value Update – May ’20
Apr ’20 CME Soybean Prices Declined to a 12 Month Low Level
Apr ’20 CME Soybean Prices Finished Down 4.0% MOM but Remained up 1.1% YOY
Apr ’20 CME Soybean Meal Prices Declined to an Eight Month Low Level
Apr ’20 CME Soybean Meal Prices Finished Down 9.8% MOM and 2.1% YOY
Apr ’20 CME Soybean Oil Prices Declined to a 13 Year Low Level
Apr ’20 CME Soybean Oil Prices Finished Down 2.9% MOM and 4.9% YOY
The Apr ’20 Oil Percentage of Crush Value of 31.1% Rebounded From the Previous Month
Apr ’20 Meal + Oil Prices Finished at a $9.26/bu Eq, Compared to a Bean Price of $8.51
Apr ’20 Soybean Board Crush Values Declined to a Seven Month Low Level
Apr ’20 Soybean Board Crush Finished Down 36.0% MOM and 33.1% YOY