GX_GR211
Springfield, IL     Thu, Jul 17, 2008     USDA-IL Dept of Ag Market News

The USDA’s weekly export sales report for soybeans fell lower than trade 
expectations at 102,500 metric tons.  Traders expected a range of 175,000 
to 500,000 metric tons.  Soybean meal sales were 61,500 metric tons ranging 
from 50,000 to 200,000 tons.  Soybean oil sales totaled 5,900 metric tons versus 
estimates of 5,000 to 60,000 tons.

Soybean prices compared with value of oil and meal
                                      This week     Last week    Last year
                             Unit   Jul 17, 2008 Jul 10, 2008  Jul 19, 2007
Soybean oil, crude
tank cars & trucks
Central IL.                   ¢/lb     61.55        62.75        36.13

Oil yield per
bushel crushed                 lb      11.58        11.58        11.22

Value from bushel
of soybeans                    $        7.13         7.27         4.05

48% Soybean Meal
unrestricted, bulk
Central IL.                 $/ton     410.90       442.80       220.00

Meal yield per
bushel crushed                lbs      44.03        44.03        44.02

Value from bushel
of soybeans                    $        9.05         9.75         4.84

Value of oil and
meal from bushel
of soybeans                    $       16.17        17.01         8.90

No. 1 Yellow Soybeans
truck price Central
IL. points                    $/bu     15.19        16.05         7.96

Difference between
soybean price & value
of oil & meal                  $        0.98         0.96         0.94

Estimated Processing
value from Univ. of Ill.
Stratsoy calculator           $/bu     15.89        16.62         8.88

Based on crushings and production of soybean meal & oil at plants reported
by Bureau of the Census for April 2008 and July 2007

This table is presented for statistical comparison and is not intended to
indicate operating margins.

Source: USDA-Illinois Dept of Ag Market News Springfield, IL
        Cordell Givens, Market Reporter 217-782-4925
        www.ams.usda.gov/mnreports/gx_gr211.txt

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