Soybean Complex Price & Value Update – May ’21
Apr ’21 CME Soybean Prices Reached an Eight and a Half Year High Level
Apr ’21 CME Soybean Prices Finished up 9.3% MOM and 84.8% YOY
Apr ’21 CME Soybean Meal Prices Remained Near Recent Six Year High Levels
Apr ’21 CME Soybean Meal Prices Finished up 0.7% MOM and up 47.1% YOY
Apr ’21 CME Soybean Oil Prices Reached a Record High Level
Apr ’21 CME Soybean Oil Prices Finished up 29.4% MOM and 161.0% YOY
The Apr ’21 Oil Percentage of Crush Value of 44.6% Reached a Nine Year High
Apr ’21 Meal + Oil Prices Finished at a $16.90/bu Eq, Compared to a Bean Price of $15.71
Apr ’21 Soybean Board Crush Rebounded to a Six Month High Level
Apr ’21 Soybean Board Crush Finished up 56.1% MOM and 58.2% YOY