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 Friday, July 25, 2008
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NW_GR116
Des Moines, IA Thu, Jul 24, 2008 USDA Dept of Ag Market News
Iowa Soybean Processor report
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 56.43-57.18 UP 0.38 -250Q to -175Q UNCH
48% Soybean Meal R 366.80-395.80 DN 4.3-UP 2.7 -12Q to 17Q DN 7-UNCH
48% Soybean Meal T 372.80-395.80 DN 2.3-UP 2.7 -6Q to 17Q DN 5-UNCH
Soybean Hulls-bulk 170.00-199.00 UNCH
Bids Change Basis Change
Soybeans 13.1300-13.7100 UP 8.75-DN 10 -60X to -2X UP 30-UP 1
mostly 13.1300-13.4300 -60X to -30X
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: June 2008
Soybeans 14.29
48% Soybean Meal R 389.61
48% Soybean Meal T 390.61
Soybean Hulls?bulk 146.71
Crude Soybean Oil 61.62
Source: USDA Market News, Des Moines, IA
Phone: 515-284-4460?? email: desm.lgmn@usda.gov
??????? 24 Hour recorded market information 515-284-4830
??????? www.ams.usda.gov/LSMarketNews
14:26 C NB
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