Soybean Complex Price & Value Update – Mar ’21
Feb ’21 CME Soybean Prices Reached a Six and a Half Year High Level
Feb ’21 CME Soybean Prices Increased 2.8% MOM and 59.4% YOY
Feb ’21 CME Soybean Meal Prices Remained Near Recent Six Year High Levels
Feb ’21 CME Soybean Meal Prices Declined 1.6% MOM but Remained up 42.1% YOY
Feb ’21 CME Soybean Oil Prices Reached an Eight Year High Level
Feb ’21 CME Soybean Oil Prices Increased 15.4% MOM and 81.9% YOY
The Feb ’21 Oil Percentage of Crush Value of 37.8% Rebounded to a Four and a Half Year High
Feb ’21 Meal + Oil Prices Finished at a $15.00/bu Eq, Compared to a Bean Price of $14.08
Feb ’21 Soybean Board Crush Rebounded From the Previous Month’s Four Month Low Level
Feb ’21 Soybean Board Crush Finished up 32.6% MOM and 7.9% YOY