NW_GR116
Des Moines, IA     Thu, Feb 09, 2012     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   51.04-52.04      DN 0.04          -150H to -50H  UNCH

46.5% Soybean Meal R300.00-304.00    DN 0.7           -21H to -17H   UNCH

46.5% Soybean Meal T300.00-304.00    DN 0.7           -21H to -17H   UNCH

Soybean Hulls-bulk  155.00-175.00    UNCH

                          Bids       Change           Basis          Change
Soybeans            11.9250-12.1550  DN 4             -35H to -12H   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: January

Soybeans                        11.70
48% Soybean Meal R             292.13
48% Soybean Meal T             292.21
Soybean Hulls–bulk             167.94
Crude Soybean Oil               50.22

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/LSMarketNews


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