Iowa Soybean Processor report

Thursday, June 21, 2012

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   48.83-50.08      UP 0.38          -200N to -75N  UNCH

46.5% Soybean Meal R415.40-427.40    DN 0.5           -12N to OptN   UNCH

46.5% Soybean Meal T415.40-427.40    DN 0.5           -12N to OptN   UNCH

Soybean Hulls-bulk  155.00-175.00    UNCH

                    Bids             Change           Basis          Change
Soybeans            14.1150-14.4150  UP 12.75         -35N to -5N    UNCH

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: May

Soybeans                        13.95
48% Soybean Meal R             403.64
48% Soybean Meal T             403.64
Soybean Hulls-bulk             158.59
Crude Soybean Oil               50.51

Source: USDA Market News Service, Des Moines, IA
        24 Hour recorded market information 515-284-4830