Soybean Complex Price & Value Update – Nov ’20

Oct ’20 CME Soybean Prices Reached a Four Year High Level Oct ’20 CME Soybean Prices Increased 3.2% MOM and 15.2% YOY Oct ’20 CME Soybean Meal Prices Reached a Two and a Half Year High Level Oct ’20 CME Soybean Meal Prices Increased 11.5% MOM and 24.4% YOY Oct ’20 CME Soybean Oil Prices Reached a Ten Month High Level Oct ’20 CME Soybean Oil Prices Increased 0.7% MOM and 9.3% YOY The Oct ’20 Oil Percentage of Crush Value of 30.7% Declined to a Seven Month Low Level Oct ’20 Meal + Oil Prices Finished at a $12.03/bu Eq, Compared to a Bean Price of $10.57 Oct ’20 Soybean Board Crush Values Reached a Two Year High Level Oct ’20 Soybean Board Crush Increased 60.7% MOM and 60.3% YOY