Soybean commodities, including soybeans, meal, and oil, saw increases in December and continued to rise in January. Soybean quotes saw the highest increase, followed by soybean oil, while soybean meal quotes increased to a lesser extent. All three positions hit record values at the end of 2020. In January, soybean quotes rose from 12.645 to 13.7 dollars per bushel, soybean meal quotes rose from 424.1 to 431 dollars per ton, and soybean oil quotes rose from 0.4113 to 0.4462 dollars per pound.