Soybean Complex Price & Value Update – Dec ’20

Nov ’20 CME Soybean Prices Reached a Four Year High Level Nov ’20 CME Soybean Prices Increased 10.6% MOM and 33.3% YOY Nov ’20 CME Soybean Meal Prices Reached a Two and a Half Year High Level Nov ’20 CME Soybean Meal Prices Increased 3.8% MOM and 35.1% YOY Nov ’20 CME Soybean Oil Prices Reached a Six Year High Level Nov ’20 CME Soybean Oil Prices Increased 12.7% MOM and 24.5% YOY The Nov ’20 Oil Percentage of Crush Value of 32.5% Rebounded From the Previous Month Nov ’20 Meal + Oil Prices Finished at a $12.82/bu Eq, Compared to a Bean Price of $11.69 Nov ’20 Soybean Board Crush Declined From the Previous Month’s Two Year High Level Nov ’20 Soybean Board Crush Declined 22.7% MOM but Remained up 15.5% YOY