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Iowa Soybean Processor Bid Summary

DES MOINES - Mar 27/15 - SNS -- USDA's summary of soybean bids at processing plants in Iowa.

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   29.45-30.60      DN 0.57          -115K to OptK  UNCH
46.5% Soybean Meal R326.40-341.40    DN 1             5K to 20K      UNCH
46.5% Soybean Meal T326.40-341.40    DN 1             5K to 20K      UNCH
Soybean Hulls-bulk  95.00-115.00     UNCH
                    Bids             Change           Basis          Change
Soybeans            9.3125-9.6025    DN 7.25          -36K to -7K    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: February
Soybeans                         9.73
46.5% Soybean Meal R           352.76
46.5% Soybean Meal T           352.76
Soybean Hulls–bulk             101.72
Crude Soybean Oil               31.43
Source: USDA Market News Service, Des Moines, IA

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