GX_GR211 Springfield, IL Thu, Feb 28, 2019 USDA-IL Dept of Ag Market News Soybean prices compared with value of oil and meal This week Last week Last year Unit Feb 28, 2019 Feb 21, 2019 Mar 1, 2018 Soybean oil, crude tank cars & trucks Central IL. ¢/lb 29.31 29.84 30.74 Oil yield per bushel crushed lb 11.88 11.88 11.88 Value from bushel of soybeans $ 3.48 3.54 3.65 48% Soybean Meal unrestricted, bulk Central IL. $/ton 303.30 306.40 397.70 Meal yield per bushel crushed lbs 46.50 46.50 46.50 Value from bushel of soybeans $ 7.05 7.12 9.25 Value of oil and meal from bushel of soybeans $ 10.53 10.67 12.90 No. 1 Yellow Soybeans truck price Central IL. points $/bu 8.72 8.84 10.46 Difference between soybean price & value of oil & meal $ 1.82 1.83 2.44 Estimated Processing Value (EPV) $/bu 10.44 10.57 12.83 This table is presented for statistical comparison and is not intended to indicate operating margins. Source: USDA-IL Dept of Ag Market News Service, Springfield, IL David Humphreys 217-782-4925 SpringField.LPGMN@ams.usda.gov In state only toll free 888-458-4787 www.ams.usda.gov/mnreports/gx_gr211.txt www.ams.usda.gov/LPSMarketNewsPage 1410C dh