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Iowa Soybean Processor report

Friday, December 7, 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   48.20-49.70      DN 0.26-UP 0.54  -300F to -150F UNCH

46.5% Soybean Meal R455.70-461.70    UP 4.4           5F to 11F      UNCH

46.5% Soybean Meal T455.70-461.70    UP 4.4           5F to 11F      UNCH

Soybean Hulls-bulk  195.00-210.00    UNCH

                    Bids             Change           Basis          Change
Soybeans            14.7625-15.0825  UP 12-UP 14      -15F to 17F    UNCH-UP 2

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: November

Soybeans                        14.51
48% Soybean Meal R             454.02
48% Soybean Meal T             454.02
Soybean Hulls-bulk             203.03
Crude Soybean Oil               46.82

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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