Iowa Soybean Processor report
Wednesday, September 7, 2011
Iowa Processor Bids and Offers as of 2:30 p.m. (Prices Quoted-Oil Cents/lb, Meal, Hulls Dollars/ton, Grains Dollars/bu) Offers Change Basis Change Crude Soybean Oil 56.43-57.18 DN 0.2-DN 0.06 -125V to -50V UNCH 46.5% Soybean Meal R342.30-352.30 DN 9.6 -28V to -18V UNCH 46.5% Soybean Meal T342.30-352.30 DN 9.6 -28V to -18V UNCH Soybean Hulls-bulk 225.00-260.00 UNCH Bids Change Basis Change Soybeans 13.6750-13.8350 DN 25.25-DN 27.25-55X to -39X DN 2-DN 4 Changes in oil are cents per pound, changes in meals/hulls are dollars per ton, changes in soybeans are cents per bushel. Soybeans = US 1 Yellow; Soybean Meal R = Rail, T = Truck Chicago Board of Trade month symbols: F January, G February, H March, J April, K May, M June, N July, Q August, U September, V October, X November, Z December -------------------------------------------------------------------------------- Monthly Prices for: August Soybeans 13.48 48% Soybean Meal R 340.63 48% Soybean Meal T 340.93 Soybean Hulls-bulk 212.95 Crude Soybean Oil 54.78 Source: USDA Market News Service, Des Moines, IA nina biensen 515-284-4460 Desm.LGMN@ams.usda.gov 24 Hour recorded market information 515-284-4830 www.ams.usda.gov/mnreports/NW_GR116.txt www.ams.usda.gov/LSMarketNews 1428C njb