Soybean Complex Price & Value Update – Oct ’20

Sep ’20 CME Soybean Prices Reached a 29 Month High Level Sep ’20 CME Soybean Prices Increased 7.6% MOM and 13.0% YOY Sep ’20 CME Soybean Meal Prices Reached a 26 Month High Level Sep ’20 CME Soybean Meal Prices Increased 11.5% MOM and 14.8% YOY Sep ’20 CME Soybean Oil Prices Reached a Nine Month High Level Sep ’20 CME Soybean Oil Prices Increased 1.2% MOM and 15.1% YOY The Sep ’20 Oil Percentage of Crush Value of 32.9% Declined to a Three Month Low Level Sep ’20 Meal + Oil Prices Finished at a $11.14/bu Eq, Compared to a Bean Price of $10.24 Sep ’20 Soybean Board Crush Values Reached a Six Month High Level Sep ’20 Soybean Board Crush Increased 11.6% MOM and 42.3% YOY