NW_GR116
Des Moines, IA     Thu, May 23, 2013     USDA 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   49.41-50.66      UP 0.02          -25N to 100N   UNCH

46.5% Soybean Meal R461.00-478.00    DN 3.6           24N to 41N     UNCH

46.5% Soybean Meal T461.00-478.00    DN 3.6           24N to 41N     UNCH

Soybean Hulls-bulk  185.00-220.00    UNCH

                    Bids             Change           Basis          Change
Soybeans            14.5300-15.4450  DN 53.5-UP 8     210X to 130Q   NoComp-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: April

Soybeans                        14.39
48% Soybean Meal R             409.98
48% Soybean Meal T             409.98
Soybean Hulls–bulk             231.79
Crude Soybean Oil               49.14

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/LPSMarketNewsPage


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