Iowa Soybean Processor report

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   52.39-52.69      UP 0.78-UP 0.98  -150U to -120U UNCH-UP 20

46.5% Soybean Meal R549.60-570.60    UP 8.9-UP 7.9    17U to 38U     DN 1-DN 2

46.5% Soybean Meal T549.60-570.60    UP 8.9-UP 7.9    17U to 38U     DN 1-DN 2

Soybean Hulls-bulk  320.00-345.00    UNCH

                    Bids             Change           Basis          Change
Soybeans            16.8350-17.7350  UP 37.75         OptX to 90X    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
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Monthly Prices for: July

Soybeans                        16.17
48% Soybean Meal R             504.15
48% Soybean Meal T             504.15
Soybean Hulls-bulk             230.25
Crude Soybean Oil               51.98

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


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