Iowa Soybean Processor report

Saturday, July 28, 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   50.04-51.29      UP 0.36          -200Q to -75Q  UNCH

46.5% Soybean Meal R532.70-545.70    UP 15.9-UP 14.9  5Q to 18Q      UP 7-UP 6

46.5% Soybean Meal T532.70-545.70    UP 15.9-UP 14.9  5Q to 18Q      UP 7-UP 6

Soybean Hulls-bulk  270.00-310.00    UNCH-UP 10

                    Bids             Change           Basis          Change
Soybeans            16.4925-17.0925  UP 28.5-UP 46.5  -35Q to 25Q    UNCH-UP 18

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: June

Soybeans                        13.98
48% Soybean Meal R             413.06
48% Soybean Meal T             413.06
Soybean Hulls-bulk             164.87
Crude Soybean Oil               48.52

Source: USDA Market News Service, Des Moines, IA
        nina biensen  515-284-4460
        24 Hour recorded market information 515-284-4830