NW_GR116
St. Joseph, MO     Tue, Sep 15, 2020     USDA Market News

Weekly 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   34.58-36.08      UP 2.62          50V to 200V    UNCH

46.5% Soybean Meal R302.20-316.20    UP 21.2-UP 26.2  -17Z to -3Z    DN 5-UNCH

46.5% Soybean Meal T302.20-316.20    UP 21.2-UP 26.2  -17Z to -3Z    DN 5-UNCH

Soybean Hulls-bulk  105.00-130.00    UP 5

                    Bids             Change           Basis          Change
Soybeans            9.3650-9.7150    UP 91.75-UP 71.75-55X to -20X   UP 5-DN 15

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: July 2020

Soybeans                         8.59
46.5% Soybean Meal R           283.18
46.5% Soybean Meal T           283.18
Soybean Hulls�bulk             105.63
Crude Soybean Oil               29.61

Source: USDA-MO Dept of Ag Market News, St. Joseph, MO
        Jillian Federoff,  Market Reporter  816-676-7000  StJoe.LPGMN@ams.usda.gov
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