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Central Illinois Soybean Processor Report

SPRINGFIELD - Jun 11/10 - SNS -- Bid levels for soybeans delivered to processors in central Illinois and asking prices for crude oil, meal and soybean hulls.

Central Illinois Soybean Processor report
Central Illinois 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   33.55-34.65    UP 0.15         -335N to -225N UNCH
48% Soybean Meal R  306.70-317.70  UP 7.4          17N to 28N     UNCH
48% Soybean Meal T  301.70-309.70  UP 7.4          12N to 20N     UNCH
Soybean Hulls-bulk  75.00-80.00    UNCH
                       Bids        Change          Basis          Change
Soybeans          9.6125-9.7925  UP 11.25-UP 14.25 15N to 33N     UNCH-UP 3
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, H March, K May, N July,
Q August, U September, V October, X November, Z December
Monthly Prices for: May 2010
Soybeans                     9.5500
48% Soybean Meal R           287.85
48% Soybean Meal T           284.58
Soybean Hulls–bulk            77.63
Crude Soybean Oil             35.41
Source: USDA-Illinois Dept of Ag Market News Springfield, IL


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