Soybean Complex Price & Value Update – Aug ’21
Jul ’21 CME Soybean Prices Declined to a Five Month Low Level but Remained Elevated
Jul ’21 CME Soybean Prices Declined 2.4% MOM but Remained 57.6% Higher YOY
Jul ’21 CME Soybean Meal Prices Declined to a Ten Month Low Level but Remained Elevated
Jul ’21 CME Soybean Meal Prices Declined 6.1% MOM but Remained 21.9% Higher YOY
Jul ’21 CME Soybean Oil Prices Rebounded to the Second Highest Level in 13 Years
Jul ’21 CME Soybean Oil Prices Increased 1.0% MOM While Finishing 112.9% Higher YOY
The Jul ’21 Oil Percentage of Crush Value of 48.3% Reached a 15 Year High Level
Jul ’21 Meal + Oil Prices Finished at a $15.00/bu Eq, Compared to a Bean Price of $14.15
Jul ’21 Soybean Board Crush Declined Slightly From the Previous Month
Jul ’21 Soybean Board Crush Declined 8.5% MOM but Remained up 7.6% YOY