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 46.03-47.33 UP 0.21-UP 0.17 -250Z to -150F UNCH
46.5% Soybean Meal R431.90-439.90 DN 1.7 4Z to 12Z UNCH
46.5% Soybean Meal T431.90-439.90 DN 1.7 4Z to 12Z UNCH
Soybean Hulls-bulk 190.00-215.00 UNCH
Bids Change Basis Change
Soybeans 13.9025-14.2325 DN 4.5 -18F 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
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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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