Soybean Complex Price & Value Update – Feb ’22
Jan ’22 CME Soybean Prices Rebounded to an Eight Month High Level
Jan ’22 CME Soybean Prices Increased 12.2% MOM While Finishing 8.8% Higher YOY
Jan ’22 CME Soybean Meal Prices Rebounded to a Nine Month High Level
Jan ’22 CME Soybean Meal Prices Increased 1.7% MOM but Remained 2.8% Lower YOY
Jan ’22 CME Soybean Oil Prices Rebounded to a Six Month High Level
Jan ’22 CME Soybean Oil Prices Increased 15.1% MOM While Finishing 45.3% Higher YOY
The Jan ’22 Oil Percentage of Crush Value of 43.6% Rebounded From the Previous Month
Jan ’22 Meal + Oil Prices Finished at a $16.35/bu Eq, Compared to a Bean Price of $14.91
Jan ’22 Soybean Board Crush Declined From the Previous Month’s Seven Year High Level
Jan ’22 Soybean Board Crush Declined 26.6% MOM but Finished 108.8% Higher YOY