Iowa Soybean Processor report

Saturday, February 2, 2013

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   50.74-51.24      UP 0.13          -225H to -175H UNCH

46.5% Soybean Meal R428.20-434.20    UP 1.8           OptH to 6H     UNCH

46.5% Soybean Meal T428.20-434.20    UP 1.8           OptH to 6H     UNCH

Soybean Hulls-bulk  180.00-210.00    UNCH

                    Bids             Change           Basis          Change
Soybeans            14.6425-14.9725  UP 6.25-DN 5.75  -10H to 23H    UNCH-DN 12

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: 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
        24 Hour recorded market information 515-284-4830