Iowa Soybean Processor report

Friday, December 28, 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   44.79-46.79      UNCH             -350F to -150F UNCH

46.5% Soybean Meal R430.80-439.80    DN 0.5-DN 1.5    1F to 10F      UP 1-UNCH

46.5% Soybean Meal T430.80-439.80    DN 0.5-DN 1.5    1F to 10F      UP 1-UNCH

Soybean Hulls-bulk  190.00-210.00    UNCH

                    Bids             Change           Basis          Change
Soybeans            14.0875-14.4875  DN 0.75-DN 5.75  -10F to 30F    UP 5-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: 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
        John Kimbrell  515-284-4460
        24 Hour recorded market information 515-284-4830