Iowa Soybean Processor report

Saturday, November 10, 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   45.30-47.20      DN 0.97-DN 0.94  -250Z to -100F UNCH

46.5% Soybean Meal R453.70-461.70    DN 13.2          4Z to 12Z      UNCH

46.5% Soybean Meal T453.70-461.70    DN 13.2          4Z to 12Z      UNCH

Soybean Hulls-bulk  190.00-215.00    UNCH

                    Bids             Change           Basis          Change
Soybeans            14.3625-14.6625  DN 44.5          -15F to 15F    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: 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
        24 Hour recorded market information 515-284-4830