Soybean Complex Price & Value Update – Jan ’21

Dec ’20 CME Soybean Prices Reached a Six and a Half Year High Level Dec ’20 CME Soybean Prices Increased 12.6% MOM and 39.5% YOY Dec ’20 CME Soybean Meal Prices Reached a Six Year High Level Dec ’20 CME Soybean Meal Prices Increased 10.5% MOM and 44.8% YOY Dec ’20 CME Soybean Oil Prices Reached a Seven Year High Level Dec ’20 CME Soybean Oil Prices Increased 14.4% MOM and 25.6% YOY The Dec ’20 Oil Percentage of Crush Value of 33.3% Rebounded to a Four Month High Level Dec ’20 Meal + Oil Prices Finished at a $14.32/bu Eq, Compared to a Bean Price of $13.15 Dec ’20 Soybean Board Crush Rebounded Slightly From the Previous Month Dec ’20 Soybean Board Crush Declined 22.7% MOM but Remained up 15.5% YOY