Soybean Complex Price & Value Update – Apr ’22
Mar ’22 CME Soybean Prices Declined Slightly From Recent Nine and a Half Year High Levels
Mar ’22 CME Soybean Prices Declined 1.6% MOM but Remained 12.6% Higher YOY
Mar ’22 CME Soybean Meal Prices Reached a Seven and a Half Year High Level
Mar ’22 CME Soybean Meal Prices Increased 2.8% MOM While Finishing 10.5% Higher YOY
Mar ’22 CME Soybean Oil Prices Declined Slightly From the February Record High Level
Mar ’22 CME Soybean Oil Prices Declined 4.0% MOM but Remained 32.2% Higher YOY
The Mar ’22 Oil Percentage of Crush Value of 42.8% Declined to a Three Month Low Level
Mar ’22 Meal + Oil Prices Finished at a $17.98/bu Eq, Compared to a Bean Price of $16.18
Mar ’22 Soybean Board Crush Rebounded to a Three Month High Level
Mar ’22 Soybean Board Crush Increased 3.4% MOM While Finishing 135.0% Higher YOY