Soybean Complex Price & Value Update – Jun ’20
May ’20 CME Soybean Prices Declined to a 19 Month Low Level
May ’20 CME Soybean Prices Finished Down 1.1% MOM and 4.2% YOY
May ’20 CME Soybean Meal Prices Declined to a Four Year Low Level
May ’20 CME Soybean Meal Prices Finished Down 2.2% MOM and 11.9% YOY
May ’20 CME Soybean Oil Prices Rebounded From Recent 13 Year Low Levels
May ’20 CME Soybean Oil Prices Finished up 4.4% MOM but Remained Down 0.8% YOY
The May ’20 Oil Percentage of Crush Value of 32.6% Rebounded to a Four Month High Level
May ’20 Meal + Oil Prices Finished at a $9.24/bu Eq, Compared to a Bean Price of $8.41
May ’20 Soybean Board Crush Values Rebounded From Recent Seven Month Low Levels
May ’20 Soybean Board Crush Finished up 10.7% MOM but Remained Down 37.1% YOY