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 50.61-51.11 UP 0.26 -225H to -175H UNCH
46.5% Soybean Meal R426.40-432.40 DN 6.3 OptH to 6H UNCH
46.5% Soybean Meal T426.40-432.40 DN 6.3 OptH to 6H UNCH
Soybean Hulls-bulk 180.00-210.00 UNCH
Bids Change Basis Change
Soybeans 14.5800-15.0300 DN 10.75 -10H to 35H 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: December
Soybeans 14.62
48% Soybean Meal R 425.37
48% Soybean Meal T 425.37
Soybean Hulls-bulk 201.32
Crude Soybean Oil 47.23
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/LPSMarketNewsPage
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