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   48.93-49.18      DN 0.65          -175Z to -150Z UNCH

46.5% Soybean Meal R459.20-472.20    DN 7-DN 3        -6Z to 7Z      UNCH-UP 4

46.5% Soybean Meal T459.20-472.20    DN 7-DN 3        -6Z to 7Z      UNCH-UP 4

Soybean Hulls-bulk  175.00-230.00    UNCH

                    Bids             Change           Basis          Change
Soybeans            14.7250-15.1250  DN 25.75         -50X to -10X   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: September

Soybeans                        16.65
48% Soybean Meal R             508.49
48% Soybean Meal T             508.49
Soybean Hulls-bulk             237.76
Crude Soybean Oil               54.17

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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