Soybean Complex Price & Value Update – Sep ’21
Aug ’21 CME Soybean Prices Declined to a Nine Month Low Level but Remained Elevated
Aug ’21 CME Soybean Prices Declined 8.2% MOM but Remained 36.5% Higher YOY
Aug ’21 CME Soybean Meal Prices Declined to an 11 Month Low Level but Remained Elevated
Aug ’21 CME Soybean Meal Prices Declined 1.8% MOM but Remained 13.7% Higher YOY
Aug ’21 CME Soybean Oil Prices Declined to a Five Month Low Level but Remained Elevated
Aug ’21 CME Soybean Oil Prices Declined 9.8% MOM but Remained 80.1% Higher YOY
The Aug ’21 Oil Percentage of Crush Value of 46.1% Remained Near Recent 15 Year Highs
Aug ’21 Meal + Oil Prices Finished at a $14.15/bu Eq, Compared to a Bean Price of $12.99
Aug ’21 Soybean Board Crush Increased to a Four Month High Level
Aug ’21 Soybean Board Crush Increased 36.8% MOM While Finishing 42.8% Higher YOY