NW_GR116
St. Joseph, MO     Tue, May 11, 2021     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   71.80-93.30      UP 1.47-UP 1.22  700N to 2850N  UP 25-UNCH

46.5% Soybean Meal R427.00-447.00    UP 25.5          -20N to OptN   UNCH

46.5% Soybean Meal T427.00-447.00    UP 25.5          -20N to OptN   UNCH

Soybean Hulls-bulk  170.00-200.00    DN 10-UNCH

                    Bids             Change           Basis          Change
Soybeans            16.1975-16.7475  UP 76.5-UP 81.5  5N to 60N      UNCH-UP 5

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 2021

Soybeans                        14.64
46.5% Soybean Meal R           398.99
46.5% Soybean Meal T           398.99
Soybean Hulls�bulk             183.75
Crude Soybean Oil               70.21

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